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4 smart technologies modernizing sourcing strategy

IBM Services

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. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

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What are the different types of sourcing?

IBM Services

Sourcing isn’t just a concern for procurement teams. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. Think of it this way: sourcing is the “who” (the suppliers themselves) and procurement is the “what” (goods and services).

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Open source large language models: Benefits, risks and types

IBM Services

There are two types of these generative AI models: proprietary large language models and open source large language models. On the other hand, open source LLMs are free and available for anyone to access, use for any purpose, modify and distribute. What are the benefits of open source LLMs?

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Five open-source AI tools to know

IBM Services

Open-source artificial intelligence (AI) refers to AI technologies where the source code is freely available for anyone to use, modify and distribute. Open-source AI projects and libraries, freely available on platforms like GitHub, fuel digital innovation in industries like healthcare, finance and education.

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Overcoming Challenges in Impact Sourcing: Best Practices for Businesses

NoonDalton

When it comes to socially responsible business practices, Impact Sourcing stands out as a beacon of innovation and inclusivity. However, as with any pioneering business model, implementing Impact Sourcing comes with its unique set of challenges.

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What is eSourcing (electronic Sourcing)?

Obobo

What is eSourcing (electronic Sourcing)? eSourcing, otherwise known as electronic sourcing describes a cloud-based digital solution for collecting and comparing information about multiple suppliers in order to help a buyer make a more informed choice. E-sourcing is a small, but crucial, component of eProcurement. eAuction.

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Talent Sourcing Secrets for Competitive Businesses: Recruitment Outsourcing

NoonDalton

In this cutthroat landscape, where every advantage counts, talent sourcing emerges as a linchpin strategy for businesses striving to stay ahead. Thus, talent sourcing isn’t just a mere task; it’s a strategic imperative that directly impacts a company’s bottom line and market position.