article thumbnail

Home construction costs to keep rising, report warns

Strategic Sourceror

According to the analysis of Turner & Townsend, a global real estate and infrastructure consultancy, residential building materials as a whole are expected to cost 7% more in 2023 than they did this year, Supply Chain Dive reported. They're also poised to climb again in 2024, but to a smaller degree, up 2.7%. that month.

article thumbnail

Leveraging generative AI on AWS to transform life sciences

IBM Supply Chain Blog

Leveraging generative AI to augment human team capabilities presents an opportunity for Clients to reduce costs by 30%-50%, while accelerating time to market related to this process by at least 50% and improving scalability, quality, and consistency of generated reports. in 10 years, from 2012 to 2022.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Total Disruption: On the Horizon (Part 1)

The Network Effect

Much like globalization restructured manufacturing, today’s distributed global supply chains are applying pressure to enterprise systems, which are cracking under the weight of demands they were never designed to handle. Hershey’s ERP failure induced 8% stock drop [Source: CIO.com ]. Source: CIO.com ]. years to 12.5

article thumbnail

What the Coupa software acquisition means for procuretech

Procurement Software

Cloud hadn’t really made much of an imprint on the Source-to-Pay (S2P) space. Ariba was still predominantly an eAuctions platform and had yet to be acquired by their German parent company SAP, which didn’t happen until 2012. In 2020, Coupa announced the acquisition of Llamasoft , a supply chain planning software company, for $1.5

article thumbnail

Delivery Drones are Taking Off! (Infographic)

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. million to a $1 billion industry in the five years between 2012 to 2017. What’s more, faster delivery times could potentially reduce shipping costs for customers, and this, in turn, may result in a sales boost for retailers. Subscribe Here! Email Address.

Logistics 110
article thumbnail

7 Supply Chain Cost Saving Ideas from SpaceX

Supply Chain Opz

And on 25 May 2012, they made a very remarkable achievement by being the first privately-fund company who could send cargo from the earth to the International Space Station. Then he decided to use the mature technology from Apollo program to cut the cost down. Keeping it in-house makes perfect sense.

article thumbnail

Procurement Fact File

Claritum

source: (1 page infographic) AccentureOperations , High Performance Procurement (2015). In Deloitte’s Global CPO Survey 2016 the top 4 priorities for CPO’s were found to be cost reduction, new product development, increasing cash flow and organic expansion. source: (p2) Deloitte – The Deloitte Global CPO Survey 2016.