Procurement

Podcast: Cognitive Solution Empowers Supply Chain Leaders

In this podcast, Rob Allan, program director, offering management for IBM, talks about the new Supply Chain Insights Platform, which is part of IBM Watson Supply Chain. It’s no secret that business expectations have changed and are continuing to evolve. By establishing greater visibility into supply chain data and processes and leveraging fast-emerging cognitive technologies, […]

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At CEVA: Operational Excellence Is a Way of Life

From providing high-tech tablets to a simple can of beans, supply chain management is a difficult business and one that gets more complicated each day. Logistics used to be about getting from point A to B. But these days, goods have to pass through a whole alphabet of places on route to their destination. They […]

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Cognitive College Is Here!

Cognitive technology has the potential to revolutionize the way professionals engage and interact with their customers. With actionable insights, we can all make more informed decisions that positively impact our company’s bottom line. However, cognitive is a new concept to some, and the benefits, implications, and value of the technology can be difficult to fully […]

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Transvoyant Helps Reduce Holiday Stress by Mitigating Inventory Disruptions

Do you ever wonder how your holiday favorites are always in stock, no matter what the latest trends are, and no matter whether you’re online, on your mobile device or in the store? How do retailers anticipate what “THE” big item is going to be that year? Where do these goods come from? How far […]

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Anheuser-Busch: Cheers to Product Quality, Price, and Availability

When toasting this holiday season, Anheuser-Busch ensures quality, price, and availability of your favorite lager in your hand. Anheuser-Busch InBev created an integrated global procurement process that leverages the company’s scale – while promoting knowledge sharing and collaboration in an organization with many diverse talents and and areas of expertise. In fact, procurement is critical […]

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IDC: Watson Supply Chain Addressing the Talent Crunch Head-On

Balancing supply chains is a never-ending puzzle. Determining necessary inventory levels, asset locations, storage capacity, labor availability – it’s a lot of factors to consider – and each time you alleviate one bottleneck, another is created. Retailers and manufacturers alike have recognized this as an issue and a priority. According to IDC’s 2016 Supply Chain […]

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IDC: Launch of Watson Supply Chain Looks to Address Gaps in Data Analytics and Resources

This week, at World of Watson in Las Vegas, IBM announced the launch of Watson Supply Chain, leveraging their Watson cognitive/artificial intelligence (AI) technology to change the paradigm of how manufacturing supply chains are operated and optimized. As IBM notes on their Watson Supply Chain website, “By establishing greater visibility into supply chain data and […]

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Cognitive Procurement on Display at IBM Empower 2016

IDC estimates that by 2020, half of all business analytics software will incorporate cognitive computing functionality.1 The nonprofit Pew Research Center echoes that point: “By 2025, artificial intelligence will be built into the architecture of countless functions of business and communication, increasing relevance, reducing noise, increasing efficiency and reducing risk across everything from finding information […]

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A Sneak Peek at Procurement’s Cognitive Future

In this audio podcast, Dan Carrell, IBM’s Vice President, Client Services, Procurement, pulls back the curtain for a preview of what he will present during the Thursday General Session at Empower 2016. He covers how procurement leaders today face greater expectations to deliver more and more, and discusses cognitive procurement’s vast potential to unlock new […]

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The Future of Procurement: Cognitive Technologies – Get Ahead of the Competition with 6 Key Projects

Cognitive computing – technologies that can learn and reason – are being applied with increasing frequency by leading Fortune 1000 and Global 2000 companies. IDC, the highly respected technology research firm, estimates that by 2020, 50 percent of all business analytics software will incorporate cognitive computing functionality.[1] Cognitive technology isn’t merely an iteration of today’s […]

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Forrester Research Rates IBM a “Leader” in Contract Lifecycle Management

The average Fortune 1000 company can maintain around 40,000 active contracts, often with obligations that number in the tens of thousands considering the nature of complex services agreements. Surprisingly, most contracts are still being managed using manual processes or with very limited technologies. The status-quo approach often leads to poor visibility and control over contracts, […]

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5 Steps to Harnessing the Power of Supplier Innovation

“Innovation distinguishes between a leader and a follower.” It’s one of the well-known quotes attributed to Apple’s founder and former CEO Steve Jobs. Jobs knew that innovation creates value, and creates success. The inverse can be true as well. With a nod to Charles Darwin, it’s not always the strongest company that survives, it’s the […]

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