Procurement

IDC Analyst Discusses Top Issues Facing the Banking Industry Today

Retailers are not the only organizations that need to focus on improving the customer experience. Banks are increasingly feeling the pressure to provide exceptional and innovative experiences for their customers and one way to do that is through digital transformation. Spending on digital transformation by US Banks is expected to be $20.3 billion in 2017 […]

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Subdue Disruption and Supercharge Your Supply Chain with Watson

IBM has a long history of running a global supply chain. Currently, Joanne Wright, IBM VP Supply Chain, manages a spend of more than $30 Billion for a supply chain that operates in over 170 countries. She undeniably knows what it takes to run a successful supply chain. One of her secrets: Watson as a […]

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IDC: The Future of Supply Chain

What are the challenges and technologies shaping the future of supply chain? We’re living in what some call the age of disruption, where digital business and globalization are disrupting business models and industries and changing the way we live and conduct business. According to IDC, this will translate into 33 percent of all manufacturing companies […]

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How Watson Is Transforming Supply Chain at the 3PL & Supply Chain Summit

According to the recent IBM IBV Global Chief Supply Chain Officer (CSCO) Study, lack of visibility and transparency is the greatest hurdle in achieving a supply chain organization’s objectives. However, big data, analytics, cognitive technology, and blockchain offer potential for significant business value. “Organizations that are able to take advantage of the most important trends […]

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The Future Is Now: Building a Cognitive Supply Chain at ProcureCon IT

The capabilities in emerging cognitive solutions are fundamentally changing the procurement space. There is increasing pressure for procurement leaders to not just improve procurement performance, but also drive overall enterprise success. In other words, while cost savings is highly important, the real value is in procurement-led innovation. Top-performing CPOs are looking for technology to assist […]

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Experience the Gartner Supply Chain Executive Conference in Person or Online!

Research shows that as much as 65% of the value of a company’s products or services is derived from its suppliers and the supply chain.[i] From product quality to pricing and availability, your brand’s overall customer experience is largely impacted by how your supply chain functions. Unforeseen disruptions can impact the customer experience, brand affinity, […]

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Bringing Cognitive to Knowledge Management in Supply Chain

“Knowledge is power,” declared Francis Bacon, the English philosopher whose advocacy of the scientific method helped spark the scientific revolution. The famed writer Anton Chekhov joined the historical dialog, noting that, “Knowledge is of no value unless you put it into practice.” Dale Carnegie, the American writer, and perhaps the father of corporate training, agreed, […]

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Top Supply Chain Trends for 2017

As much as 65% of the value of a company’s products or services is derived from its suppliers – and its supply chain.[1] Of course, this is dependent on several factors, including the industry in which the company operates. Regardless, this statistic illuminates the supply chain’s value and importance. Global businesses have a significant and […]

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Data Analytics: The Foundation for a Smarter Supply Chain

There’s a lot of buzz around Big Data and data analytics in leading supply chain organizations. But what’s all the buzz about? And how can supply chain organizations apply data analytics to improve their operations and outcomes? In layman’s terms, Big Data is equivalent to “massive amounts of data” or perhaps even “all data.” It […]

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Creating a Thinking Supply Chain for the Cognitive Era

We are in the early days of a promising new technology era – the era of artificial intelligence (AI). AI technologies are no longer the realm of science fiction – nor the sole domain of computer scientists and techies. According to TechRepublic (ZDNet), technology and economics are aligning in a way that puts us at […]

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3 Strategies for Success in the Age of Intelligence

Ardent Partners recently published a report “Cognitive Procurement: The Age of Intelligence,” which examines the field of cognitive computing and discusses how the capabilities in these new and emerging solutions could impact and fundamentally change the procurement industry. The report, sponsored by IBM Watson Supply Chain, is hot off the presses and available for immediate […]

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Quicken Customer Responsiveness – Bring Cognitive Into Your Supply Chain

You’re just back from lunch, and there’s an email from Ted marked “URGENT.” It reads, “Hi Bill, When are we expecting those parts from SupplyCo that we ordered last week? Got an urgent customer order, but I can’t commit a delivery date until I know when we’ll get those parts.” Ted’s a great bloke. But […]

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