Sustainability category

Renewable energy in action: Examples and use cases for fueling the future

5 min read - As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. More than 110 countries at the United Nations’ COP28 climate change conference agreed to triple that capacity by 2030, and global investment in clean energy transition hit a record high of USD 1.8 trillion in 2023. But with all of this new capacity,…

4 smart technologies modernizing sourcing strategy

3 min read - Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. Why? Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. They instead focus on continuous improvement. They consider factors—like supplier performance or sustainability—that support long-term partnerships, advance business needs and increase purchasing power. Successful strategic sourcing often results in process…

Climate change predictions: Anticipating and adapting to a warming world

6 min read - In an era of accelerating climate change, predicting the near-future can yield major benefits. For instance, when utility officials are aware that a heat wave is on its way, they can plan energy procurement to prevent power outages. When farmers in drought-prone regions are able to predict which crops are susceptible to failure, they can deploy additional irrigation. These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. But…

Streamlining supply chain management: Strategies for the future

4 min read - In today's complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy, with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain…

Failed to load data

IBM Newsletters

Get our newsletters and topic updates that deliver the latest thought leadership and insights on emerging trends.
Subscribe now More newsletters