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Asset lifecycle management strategy: What’s the best approach for your business?

IBM Supply Chain Blog

Procurement and installation: The next stage of the asset lifecycle concerns the purchase, transportation and installation of the asset. Data management and storage requirements vary widely from country to country and are constantly evolving. appeared first on IBM Blog.

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The most valuable AI use cases for business

IBM Supply Chain Blog

Promote cross- and up-selling Recommendation engines use consumer behavior data and AI algorithms to help discover data trends to be used in the development of more effective up-selling and cross-selling strategies, resulting in more useful add-on recommendations for customers during checkout for online retailers.

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Top 5 common procurement myths about AI

Zycus Cognitive Procurement

Common procurement myths about the use of AI in procurement are widespread today in the age of AI and automation. According to a Hackett group report, 46% of procurement leaders plan major investments in AI to improve their procurement processes.

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Intelligent Supply Chain Technologies for the Future!

Supply Chain Game Changer

Technological advancement will work as a catalyst in digitizing supply chain management, bring about changes in the existing system of delivering products and services, and overhaul the process of generating and sharing data across a more diverse set of functions. Data analytics provides actionable insights to save time, effort and cost.

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Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy

As a procurement professional, you know the importance of ensuring that all materials and services delivered by vendors meet or exceed your standards for quality and performance. In this blog post, we’ll explore vendor analysis, its underlying processes and types, and best practices when implementing this critical tool in your organization.

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Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

SupplyShift

If you have a great program out there, just go find them and tag along.” 2) Procurement is in a prime position to drive sustainable change. A theme that emerged throughout many sessions was the importance of the procurement function in normalizing supply chain sustainability. You don’t need to reinvent the wheel.

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Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey

SupplyShift

If you have a great program out there, just go find them and tag along.”. 2) Procurement is in a prime position to drive sustainable change. A theme that emerged throughout many sessions was the importance of the procurement function in normalizing supply chain sustainability. . You don’t need to reinvent the wheel.