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What is cloud cost optimization?

IBM Supply Chain Blog

You can scale your cloud resources up or down to meet demand, and costs will follow. However, cloud services costs can be higher than anticipated, so monitoring and optimizing your cloud spend is critical. Why do you need cloud cost optimization? How do we prevent overprovisioning and overspending?

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Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

If you’re in the business world, you’re probably always looking for ways to streamline your supply chain operations. Luckily, supply chain analytics is here to help! But like any new technology, there are hurdles to overcome when implementing supply chain analytics.

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

For businesses to succeed, supply chain optimization is essential to succeed. It helps reduce costs, increases efficiency, and can enhance customer satisfaction. Supply chain optimization can achieve this with the help of data analytics. How does data analytics help supply chain optimization?

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Operationalize automation for faster, more efficient incident resolution at a lower cost

IBM Supply Chain Blog

Cloud costs are out of control, and teams spend too much time fixing instead of innovating. It’s time for IT to go from reactive to proactive and preventative. You’ll find automated full-stack visibility, one-second granularity and three seconds to notify.

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The AI Advantage: Unlocking New Value for Procurement Teams

World of Procurement blog

Predicting future spend : By analyzing historical spend data, AI algorithms can create spending forecasts, predict seasonal demand changes, and model the impact of external factors on budgets. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.

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Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. You can unsubscribe at any time.

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6 considerations to take when approximating cloud spend

IBM Supply Chain Blog

There are many reasons why organizations have embraced cloud services, including improved efficiencies, cost savings, scalability, flexibility and quicker time-to-market. As a result, IT budgets are experiencing decreases along with overall operational budgets.