Supply Chain Trend

JUNE 29, 2023

Extended Planning & Analysis , xP&A, is the evolution of financial planning beyond the finance function. This second article will focus on autonomous planning and the finance professional’s role. Automated and human decisions will be digitised to learn from them.

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Agile and Lean Supply Chain supply chain budgeting Supply chain Supply 60

IBM Supply Chain Blog

MAY 25, 2023

In 2023 alone, IBM Consulting has interacted with more than 100 clients and completed dozens of engagements infusing generative AI alongside classical machine learning AI strategies. The post IBM Consulting unveils Center of Excellence for generative AI appeared first on IBM Blog. The CoE is off to a fast start.

Innovation 108

Innovation Ethics Collaboration Data 108

IBM Supply Chain Blog

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. Now, Finance of America is primed to deliver enhanced services—such as debt advisory—that will help promote lifetime customer loyalty. By stepping back, strategists can analyze areas like supply chain, customer experience and finance operations.

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Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 62

Arkestro

OCTOBER 29, 2023

Resources / Blog / 5 Chilling Challenges Facing Procurement Today 5 Chilling Challenges Facing Procurement Today From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full. Request a demo to learn more. Read on if you dare.

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Procurement Procurement team Supplier relationship management Supply Chain Optimization 52

IBM Supply Chain Blog

MARCH 8, 2023

Data science and machine learning operations (MLOps) are tools analogous to those used by explorers in a wild land. According to Gartner , 53% of AI and ML projects remain in pre-production phases, and most machine learning models never make it to production.

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Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? To achieve their goal, procurement managers must learn the art of sourcing and managing supplier relationships , negotiating costs, complying with laws and regulations, and more. Speak with an expert today to learn how PPO is revolutionizing procurement strategy and execution.

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supply chain budgeting Management Supply Chain Optimization Procurement 52

IBM Supply Chain Blog

MARCH 13, 2023

“You can’t wait for the regulations to kick in,” says Adam Thompson, Global Sustainable Finance and ESG Reporting Offerings Lead, IBM Consulting. That speaks to a larger evolution in the role of the finance function in business. “You need to be on this journey now.”

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Supply Chain Efficiency Real-time Visibility Sustainability Supply Chain Optimization 52

Supply Chain Game Changer

AUGUST 30, 2021

Self-learning is an important element of growing as a human being and reading books is not only entertaining but offers a great way to learn. They will understand more about improving processes and learn some techniques and tools they can employ in their future careers. The Machine that Changed the World. The Fear Index.

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Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 92

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

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Buyers Supply Chain Efficiency supply chain budgeting Procurement 52

Supply Chain Collaborator

APRIL 21, 2020

Editors here at the Digital Supply Chain Collaborator blog noted a striking contrast when reviewing this issue. Cloud TMS breaks down silos and enables easy collaboration between all stakeholders – sales, supply chain logistics, finance, executive leadership. The Summer 2020 issue of Food Shippers of America Magazine has dropped.

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Supply Chain Efficiency supply chain software solutions Logistics Collaboration 114

IBM Supply Chain Blog

FEBRUARY 14, 2024

Using machine learning (ML), AI can understand what customers are saying as well as their tone—and can direct them to customer service agents when needed. Agricultural machines can engage in autonomous pruning, moving, thinning, seeding and spraying.

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Real-time Visibility Data Supply Chain Efficiency Supply Chain Optimization 88

IBM Supply Chain Blog

APRIL 10, 2023

These stakeholders may include real estate, finance, HR, and procurement teams as well as the sustainability team. This architecture can also deliver reliable data through enhanced data observability and steward data quality by automating tasks across data platforms using machine learning.

Data 94

Data Strategy Supply Chain Efficiency Sustainability 94

IBM Supply Chain Blog

JULY 26, 2023

AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. For investors interested in green finance, AI could process ESG reports in bulk to create a recommended shortlist of companies with a stronger environmental posture.

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Sustainability Route optimization Inventory Demand 80

Arkestro

JUNE 20, 2023

This blog will cover the current challenges facing CFOs and procurement teams and several strategies that can be implemented to drive cost savings and increase efficiency. With 36% of leaders prioritizing AI implementation in finance [1]. Curious to learn more? 1] Gartner, Top Priorities for Finance Leaders in 2023.

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Procurement strategies Supply Chain Efficiency Strategy supply chain budgeting 52

IBM Supply Chain Blog

OCTOBER 16, 2023

An AI governance framework ensures the ethical, responsible and transparent use of AI and machine learning (ML). Foundation models can apply what they learn from one situation to another through self-supervised and transfer learning.

Risk 77

Risk Management Ethics Real-time Visibility 77

IBM Supply Chain Blog

JANUARY 24, 2024

Add that to the ongoing cost of continuously running workloads and your finance team will ask you why your cloud costs are always over budget. By creating the appropriate policies to merge clusters (even between vCenters® and data centers), virtual machines can be live migrated to their new destination.

Data 66

Data Strategy Demand Budget 66

IBM Supply Chain Blog

JUNE 26, 2023

By infusing artificial intelligence (AI) into IT operations , you can leverage the considerable power of natural language processing and machine learning models to automate and streamline operational workflows. To address this waste, consider implementing FinOps (Finance + DevOps). The benefits of AIOps are many.

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e2e Real-time Visibility Sustainability Data 56

Empowering CPO

JULY 2, 2023

This blog post aims to delve into the world of managed procurement services, explore its current state, and cast a light on the key trends that are set to shape its future. As we stand at the threshold of a new era in procurement, it’s crucial to understand the changing dynamics and anticipate what lies ahead.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

Zycus Cognitive Procurement

JANUARY 2, 2023

Some of the key benefits include: Improved accuracy and reduced errors: AI-led AP automation uses advanced machine learning (ML) algorithms to accurately extract data from invoices and other documents. The post The Benefits of AI-lead AP Automation Solutions over OCR Tools appeared first on Zycus Procurement Blog.

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Cost of ownership Vendor management Data Risk 52

IBM Supply Chain Blog

JUNE 29, 2023

This blog explores the significance of IBP in today’s modern business landscape and highlights its key benefits and implementation considerations. The tool’s robust predictive analytics uses internal and external data and machine learning to provide accurate demand forecasts. appeared first on IBM Blog.

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supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Supply Chain Optimization 83

IBM Supply Chain Blog

FEBRUARY 6, 2024

Through the development of cyber recovery plans that include data validation through custom scripts, machine learning to increase data backup and data protection capabilities, and the deployment of virtual machines (VMs) , companies can recover from cyberattacks and prevent re-infection by malware in the future.

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Data Strategy Risk Networking 98

IBM Supply Chain Blog

MAY 17, 2023

Although AI and machine learning are often touted as the solution to all problems, it’s important to understand that automating a flawed process can make things worse. Not only can it lead to more inefficiencies, but it can also add to expenses by requiring additional resources to correct mistakes and deal with delays.

Management 76

Management Supply Chain Optimization Supply Chain Efficiency Import 76

Zycus Cognitive Procurement

DECEMBER 9, 2022

There are clear signs of an impending recession and the finance functions in many enterprises have started preparing for it by re-evaluating costs. These are some of the key aspects CFOs, Finance Controllers and AP leaders should consider.

Vendor management 40

Vendor management Import Data Sustainability 40

Zycus Cognitive Procurement

DECEMBER 9, 2022

There are clear signs of an impending recession and the finance functions in many enterprises have started preparing for it and re-evaluating costs. There are some of the key aspects to consider for CFOs, Finance Controllers and AP leaders.

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Vendor management Import Data Sustainability 40

Arkestro

MAY 30, 2022

At the same time, digital acceleration and the need for agility have expanded the role of procurement and finance from cost-management functions to broader champions of risk management, strategic decision making, and business agility.”. . The Pandemic Exposed Flaws in Traditional Approaches to Procurement. Take the Next Step.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility supply chain software solutions 52

Empowering CPO

JUNE 14, 2023

Purpose of the Blog Post This blog post will serve as your guide to innovative procurement models. Data analytics, Artificial Intelligence (AI), Machine Learning (ML), and blockchain, among others, are reshaping procurement processes.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

IBM Supply Chain Blog

DECEMBER 1, 2023

The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Explore SAP consulting services The post Types of enterprise resource planning (ERP) systems appeared first on IBM Blog.

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supply chain software solutions Supply Chain Optimization Data Management 95

IBM Supply Chain Blog

MARCH 14, 2024

5G has been hailed as a disruptive technology, comparable to artificial intelligence (AI ), machine learning (ML) and the Internet of Things (IoT) in terms of the kinds of change it will bring about. But what does the future hold in store? How much of that is true and how much is just hype?

Networking 61

Networking supply chain budgeting Supply Chain Efficiency Data 61

Supply Chain Game Changer

NOVEMBER 6, 2018

Blog post originally created and published by, and permission to publish here provided by, Lora Cecere. Cognitive computing involves using self-learning systems to mine data, recognize patterns, and process language in order to mimic the way the human brain works. Subscribe Here! Email Address. Redesign of B2B transactions.

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supply chain software solutions Supply Chain Optimization Supply chain Supply 52

Solvoyo

FEBRUARY 27, 2019

Organizational Agility along with Digital Transformation, Machine Learning, Big Data and Blockchain technologies was one of main trending topics for 2018 and will continue to be in the hit list for 2019 as well. Each of the above topics deserves a blog on its own for sure.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Real-time Visibility supply chain software solutions Data 40

Supply Chain Game Changer

DECEMBER 2, 2021

Finance and Accounting. Outsourcing your finance and accounting tasks is beneficial for most businesses, especially since you should adhere to various financial regulations, accounting rules, and compliance policies. Most businesses currently rely on computers backed up by artificial intelligence, cloud computing, and machine learning.

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supply chain software solutions Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency 91

IBM Supply Chain Blog

JULY 5, 2023

Use cases for Spot Instances can include processing big data/ machine learning workloads, managing distributed databases and running CI/CD operations. appeared first on IBM Blog. Use savings plan pricing, which offers low prices based on one- or three-year commitments. Watch the video. Let’s optimize your cloud.

Cost optimization 71

Cost optimization Real-time Visibility Price Budget 71

Zycus Cognitive Procurement

APRIL 18, 2022

The best bet to tackle this mammoth is to deploy machine learning algorithms. You can combat this by classifying spend categories into specific workflows , partnering with Account Payables (AP) and Finance teams to devise targeted response and escalation protocols. appeared first on Zycus Procurement Blog.

Data 40

Data Real-time Visibility Suppliers Purchasing 40

Zycus Cognitive Procurement

DECEMBER 31, 2020

Over the last decade, there have been significant advancements made across finance and procurement processes. Artificial Intelligence and Machine Learning models have driven AP processes to reduce manual dependence for task execution and validation- significantly reducing FTE costs. systems and self-learning engines.

supply chain budgeting 40

supply chain budgeting Supply Chain Efficiency Sourcing Suppliers 40

SCMDOJO

SEPTEMBER 8, 2023

This blog explains The Key MRP Metrics in Supply Chain whcih every supply chain professional in Manufacturing or Distribution Businesses. Integration Capabilities : Modern tools can seamlessly integrate with other enterprise systems like CRM, sales, and finance.

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Supply Chain Efficiency Supply Chain Optimization supply chain software solutions Agile and Lean Supply Chain 82

Supply Chain Collaborator

AUGUST 14, 2019

That data visibility earns Transportation a seat at the table alongside other important functions like procurement and finance. The top performing organizations are already several years into their adoption of tech like AI, machine learning, predictive analytics/BI and overall supply chain digitization.

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supply chain software solutions Real-time Visibility Agile and Lean Supply Chain Dwell Time 95

Empowering CPO

JUNE 27, 2023

This blog will delve into the profound impact of digital transformation on spend analysis. Advanced Analytics and Visualization: With digital tools, procurement teams can leverage advanced analytics techniques, such as data mining, machine learning, and predictive analytics, to gain deeper insights from spending data.

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