Remove tag procurement trends
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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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7 Trending Business Practices Disrupting Procurement!

Supply Chain Game Changer

7 KPIs Your Procurement Team May Be Ignoring! Procurement is a business function that has undergone a lot of change in the last few years. As a believer in the power of procurement, this recognition makes me happy. But, we can’t begin our journey towards the future of procurement excellence in a ’93 Escort. Email Address.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

Demand forecasting utilizes historical sales data, market trends, and customer insights to predict future demand. Areas to drive efficiency include inventory management, logistics, warehousing, and procurement. Emerging trends are shaping the future of supply chain management. Leading ERP vendors include SAP, Oracle, Infor.

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How to choose the best enterprise asset management software

IBM Supply Chain Blog

Asset tracking: Use asset tracking technologies, such as barcodes or RFID tags, to monitor asset movement and location. Asset performance analysis: Leverage EAM software’s analytical capabilities to analyze asset performance data, identify trends and make informed decisions.