Future of Sourcing

MARCH 20, 2023

In an exclusive article Siddharth Poddar - Practice Head, Procurement Insights at Polestar Solutions shares his insights into the need for procurement analytics maturity model, key steps to assess and improve procurement analytics maturity and how to build a sustainable procurement analytics program.

Analytics 59

Analytics Sourcing Collaborations Out-Tasking 59

NoonDalton

DECEMBER 20, 2023

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. Understanding these challenges is the first step towards developing effective solutions.

Impact Sourcing 52

Impact Sourcing Sourcing Collaborations Out-Tasking 52

Hyland

OCTOBER 31, 2022

The increase in current and potential claims has highlighted the need for efficient claims handling and, ultimately, reduction in claims leakage. The adage “time is money” is the core of efficient claims handling. Inefficiency in valid claims is often a source of leakage. What is claims leakage? Stephanie Dalwin$.

Efficiency 52

Efficiency Insurance Analytics Sourcing 52

NoonDalton

JANUARY 17, 2024

In a world where the contours of work are continuously evolving, a transformative approach known as Impact Sourcing is gaining traction and redefining workforce dynamics. Impact Sourcing is a strategic approach to outsourcing that prioritizes social and economic inclusion.

Impact Sourcing 52

Impact Sourcing Sourcing Outsourcing Jobbing 52

Perficient Digital Transformation

MAY 3, 2023

It has various characteristics and functionalities that can support businesses in automating their operations, elevating customer engagement, and boosting productivity. It enables businesses to gather, integrate, and evaluate data from multiple sources, providing a complete overview of their operations.

Automation 69

Automation Out-Tasking Flexibility Sourcing 69

Automation Anywhere

DECEMBER 23, 2021

To help resolve the crisis, many businesses across industries are turning to intelligent automation to get goods moving again to enterprises, stores, and shopping sites. How intelligent automation can help Solutions for the crisis have included utilizing self-driving trucks to solve the driver shortage, moving supply chains back to the U.S.

Automation 101

Automation Robotics Process Automation Out-Tasking Manufacturing 101

Obobo

AUGUST 8, 2022

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.

Sourcing 59

Sourcing Out-Tasking Reduced Costs Automation 59

Obobo

AUGUST 19, 2022

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.

Sourcing 52

Sourcing Out-Tasking Reduced Costs Automation 52

Automation Anywhere

DECEMBER 7, 2020

For that reason and others, many companies are turning to intelligent automation that combines Robotic Process Automation (RPA), artificial intelligence (AI), and analytics to streamline and accelerate the process. These are the highest priority processes to automate. These are the highest priority processes to automate.

Automation 96

Automation Robotics Process Automation Out-Tasking Analytics 96

31 West

NOVEMBER 23, 2023

With its capacity to automate complex tasks and analyze vast amounts of data, AI opens numerous possibilities for providers, including: Automated Customer Service: By implementing chatbots and platforms like Zendesk , providers can offer 24/7 customer support. Training staff to work with new tools adds an extra layer of complexity.

Outsourcing 130

Outsourcing Service IT Outsourcing Analytics 130

Perficient Digital Transformation

JUNE 1, 2022

A group of five pillars encompassing Reliability, Security, Cost Optimization, Operational Excellence, and Performance Efficiency. Cost Optimization must be balanced against Performance Efficiency. Conversely, Operational Excellence may complement and enhance Performance Efficiency. ” ~ David Allen.

Efficiency 97

Efficiency Co-Sourcing Design Right-Sizing 97

Obobo

JANUARY 15, 2023

What is Spend Analytics Software? Spend analytics software is one of the best ways to do this. But, what exactly is spend analytics software? Spend analytics software is a tool that businesses use to track and analyze spend data. What is Spend Analytics Software? What are the benefits of Spend Analytics Software?

Analytics 40

Analytics Software Right-Sizing Reduced Costs 40

Obobo

JANUARY 15, 2023

What is Spend Analytics Software? Spend analytics software is one of the best ways to do this. But, what exactly is spend analytics software? Spend analytics software is a tool that businesses use to track and analyze spend data. What is Spend Analytics Software? What are the benefits of Spend Analytics Software?

Analytics 40

Analytics Software Right-Sizing Reduced Costs 40

Capgemini

MARCH 14, 2023

EVERYDAY AI: NEXT-GENERATION SELF-SERVICE ANALYTICS Bridget Shea 15th March 2023 Facebook Twitter Linkedin Organizations have been using the term “self-service analytics” for nearly a decade now, but for many companies, it’s not a source of value generation. or “How did my marketing campaign perform?”). But it’s more than that.

Analytics 52

Analytics Service Supply Chain Management Government 52

IBM Services

APRIL 20, 2023

All are transforming their procurement operations by leveraging state-of-the-art process mining and intelligent automation technology. An efficient sustainable supply chain process with optimized CO2 footprint is an enterprise requirement as well as a societal need. dollars annually in direct or indirect procurement.

Automation 69

Automation Co-Sourcing Finance Right-Sizing 69

Automation Anywhere

DECEMBER 16, 2020

Manufacturers have always and continue to invest significant time and money to try and ensure that these resources are utilized as efficiently and effectively as possible. They lacked the data and transparency that an automated system would have provided. These are the highest priority processes to automate. Ignore them.

Automation 97

Automation Supply Chain Management Order Management Manufacturing 97

IBM Services

FEBRUARY 19, 2024

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

3Pillar Global

JANUARY 2, 2024

Model operationalization (ModelOps) encompasses all advanced analytics decisions within the organization, including your AI models. By standardizing, scaling, and augmenting analytics, information services companies will be best positioned to build products informed by governed, trustworthy data.

Engineering 105

Engineering Collaborations Analytics Government 105

Automation Anywhere

NOVEMBER 25, 2020

With the help of Robotic Process Automation (RPA), organizations are automating manual business processes at a record pace to ensure that professionals are spending more time doing value-added tasks and less time on repetitive work. The complexity of business processes today consumes the valuable time of most business professionals.

Automation 98

Automation Robotics Process Automation Out-Tasking Analytics 98

SIG Speaks

OCTOBER 12, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Lauren Redden shares an excellent essay on the power of AI to transform the smart sourcing industry, in balance with the potential risks that companies must evaluate in employing more intelligent automation into their processes.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

Automation Anywhere

JULY 5, 2021

The use of automation in customer support is expected to accelerate in the coming years. According to Dimension Research, 72% of customer interactions in 2022 will be through emerging technologies such as Robotic Process Automation (RPA). Phone interactions will drop from 41% to 12%. RPA doesn’t fix bad processes.

Customer Service 97

Customer Service Automation Service Out-Tasking 97

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Big Data Analytics: What It Is and Why It Is Important. Big Data Business Intelligence (BI) Spend Analytics. What is Big Data Analytics? How Big Data Analytics Works? Big Data Analytics Tools. Written by.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Groove Technology

NOVEMBER 24, 2023

Outsourcing has become a common practice for businesses looking to cut costs and improve efficiency. The Impact of Artificial Intelligence and Automation The Role of AI in IT Outsourcing Artificial intelligence (AI) has been making waves in the technology industry, and its impact on IT outsourcing is undeniable.

IT Outsourcing 130

IT Outsourcing Outsourcing Robotics Process Automation Nearshoring 130

Everest Group

MARCH 23, 2022

Top Intelligent Process Automation (IPA) Solution Providers It is becoming increasingly important for organizations to evolve into digital-first businesses to remain resilient and competitive, especially after the pandemic. Digital technologies, including intelligent automation, are becoming ubiquitous. Our Thinking. Learn More.

Automation 52

Automation Robotics Process Automation BPO Analytics 52

IBM Services

MAY 9, 2024

Also, using predictive analytics can help identify trends, patterns and potential future health risks in your patients. It’s worth noting that most electronic health records (EHR) systems offer predictive analytics capabilities. The accuracy of these analytics is limited by the accuracy of the data used.

Government 66

Government Healthcare Regulations Insurance 66

Automation Anywhere

JUNE 23, 2022

And now, we’re going to add two more to the list to help relieve all the complexity: Robotic Process Automation (RPA) and artificial intelligence (AI)—or, when combined, become one: intelligent automation. Why automation is needed The number and force of cyberattacks long ago overwhelmed the ability of a human solution.

Cybersecurity 72

Cybersecurity Automation Robotics Process Automation Banking 72

Perficient Digital Transformation

MAY 15, 2024

This integration ensures that data and insights flow seamlessly, enabling real-time personalization and automation. Through predictive analytics, Einstein anticipates customer needs and preferences. Furthermore, Einstein AI offers customer service automation through chatbots that can handle common queries and issues.

E-Commerce 52

E-Commerce Inventory Management Retail Sales 52

IBM Business Partners

JUNE 29, 2023

Learn more about IBM Planning Analytics Integrated business planning framework Integrated Business Planning (IBP) is a holistic approach that integrates strategic planning, operational planning, and financial planning within an organization.

Supply Chain Management 84

Supply Chain Management Analytics Collaborations Human Resources 84

Sourcing Advisors Group

OCTOBER 27, 2020

The growing approved supplier base and decreasing supplier visibility will further deteriorate what is already a bleak performance of most Strategic Sourcing teams. In fact, most firms generate no Strategic Sourcing bottom-line results, as Vendor Spending is increasing as fast, or faster, than Revenue growth. Shortcuts Do Not Work.

Risk Management 52

Risk Management Risk Management Efficiency Strategic Sourcing 52

Perficient Digital Transformation

DECEMBER 13, 2023

Their primary goal is to optimize the management of prescription drugs, bring in cost efficiency, and pass the benefit downstream to the end-users, the patients. Data Analyses To get insights from such vast and diverse data sets, an appropriate analytical tool is essential. Let us walk through the challenges and services in brief.

Healthcare 52

Healthcare Management Analytics Insurance 52

31 West

MAY 22, 2023

The features like knowledge management, project management, content management, etc empower businesses to control business processes through automation and collaboration. The unmatched features of SharePoint help increase the efficiency of business processes through content sharing, recording, and publishing.

Collaborations 130

Collaborations Efficiency Automation Management 130

Amzur

JANUARY 10, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. Here, your biggest challenges are tedious task automation and improving your employee’s productivity.

Data Entry 103

Data Entry Right-Sizing Robotics Process Automation Automation 103

Magellan Solutions

JUNE 23, 2023

With its remarkable powers to automate tasks, crunch data, and imitate human intellect, AI has come full circle. It has helped companies increase their production, efficiency, and cost-effectiveness. Outsourcing AI has helped companies by allowing these technologies to automate tasks.

Outsourcing 98

Outsourcing Out-Tasking Analytics Outsourcing Operations 98

Neeyamo

JUNE 28, 2022

The increasing adoption of Robotic process automation (RPA), a technology that enables digital transformation, is altering the landscape of various industries worldwide. It can be configured to perform monotonous activities in a business process efficiently, saving time and money. are perfect candidates for robotic automation.

Robotics Process Automation 59

Robotics Process Automation Payroll Automation Data Entry 59

Perficient Digital Transformation

FEBRUARY 1, 2024

AWS Glue is a serverless data integration service that simplifies the discovery, preparation, and movement of data for analytics, machine learning (ML), and application development. With Glue, you can: Centralize data discovery and metadata management: Create a unified Data Catalog to identify and understand your data across diverse sources.

Jobbing 52

Jobbing Analytics Sourcing Reduced Costs 52

Magellan Solutions

AUGUST 18, 2023

Data-Driven Sales Forecasting and Predictive Analytics Businesses can make data-driven decisions thanks to AI-driven sales forecasting and predictive analytics. It boosts sales efficiency and leads to higher conversion rates. With rule-based automation, you can create customized client interactions based on specific triggers.

Sales 98

Sales Marketing Analytics Automation 98

Everest Group

APRIL 26, 2024

This shift has made it essential for enterprises to adopt an efficient channel management system. As a result, engagement channel optimization has become the most demanded module in next-gen customer engagement management, followed closely by content management and learning and training.

Pharmaceuticals 64

Pharmaceuticals Analytics Sourcing Healthcare 64