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ivalua
MAY 9, 2023
Regulation and Compliance Adherence to regulations is critical, but it should never come at the expense of innovation.Compliance with regulations in procurement is what owning a bike is to triathlon – it enables you to participate but it does not make you good at it.
SCMDOJO
NOVEMBER 18, 2023
This blog explains in simple words How Machine Learning Works, its Benefits & its Applications in the fields of banking, medical etc. They fall into four categories: reinforcement learning, unsupervised learning, semi-supervised learning, and supervision. This keeps cars operating well and avoids expensive problems.
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IBM Supply Chain Blog
JULY 26, 2023
Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. The zero-based budgeting process is a strategic budgeting approach that mandates a fresh evaluation of all expenses during each budgeting cycle.
The Good Spending
MARCH 3, 2024
It all started in the attempt to understand the theoretical concept of servitization , i.e., the transformational shift from a product-centric to a service-centric business model and logic that we observe extensively in the area of IT procurement, in particular. Yet another tool for your sourcing and category management to consider applying.
Empowering CPO
JUNE 21, 2023
It gives businesses a clear picture of their spending patterns and uncovers hidden opportunities for cost savings and process improvements. It enables businesses to track and manage their expenses more effectively, identify trends in spending, and uncover opportunities for strategic sourcing and vendor negotiation.
Planergy
FEBRUARY 9, 2023
Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Why You Need a Travel and Expense Policy? Fraud prevention. Streamlines reimbursement.
IBM Supply Chain Blog
APRIL 10, 2024
Three in four executives reported disparate systems in their organizations and that a lack of skills, resources and common operational practices challenge business objectives. But it’s clear that CIOs who prioritize modernization capture greater returns from business transformation. Executives know they must modernize.
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