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

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

Groove Technology

MAY 25, 2023

MuleSoft is a leading enterprise integration platform MuleSoft and its significance in data integration and management MuleSoft is a leading enterprise integration platform that provides tools and services for connecting different systems, applications, and data sources. API designer: A tool for designing, testing, and managing APIs.

Management 100

Management Supply Chain Management Sourcing Collaborations 100

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

Perficient Digital Transformation

MARCH 12, 2024

Technology Integration Tech-driven platforms offered by new entrants provide data insights and automation, potentially streamlining processes and improving efficiency within the PBM industry. Collaborative analytics platforms enable plan sponsors and clinicians to work together on data analysis and decision-making.

Management 52

Management Healthcare Analytics Reduced Costs 52

IBM Services

OCTOBER 30, 2023

IBM, a pioneer in data analytics and AI, offers watsonx.data, among other technologies, that makes possible to seamlessly access and ingest massive sets of structured and unstructured data. Real-time data analytics helps in quick decision-making, while advanced forecasting algorithms predict product demand across diverse locations.

Analytics 83

Analytics Retail Insurance Streamline Operations 83

IBM Services

MARCH 28, 2023

And when it comes to price-performance, the reality is that enterprises are running analytics and AI workloads in data warehouses that are not optimized to run 100% of their workloads. It additionally requires each platform to have overlapping copies of data, implying issues with data governance, security and higher costs for data storage.

Analytics 77

Analytics Engineering Government Reduced Costs 77

IBM Services

DECEMBER 18, 2023

One of the largest sources of data is all around us—that is, geospatial data. Software solutions that combine geospatial data, GIS mapping and advanced environmental analytics enable organizations to make different types of weather-related data actionable.

Government 103

Government Sourcing Reduced Costs Efficiency 103

Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Everest Group

APRIL 10, 2024

Amid healthcare providers’ ongoing struggles with Revenue Cycle Management (RCM) inefficiencies, a new wave of outsourcing is emerging, centered around value and technology-driven solutions like AI and analytics. These innovations streamline operations, reduce costs, and improve efficiency, ultimately enhancing profitability margins.

Management 59

Management Healthcare Robotics Process Automation Analytics 59

Magellan Solutions

JULY 21, 2023

Outsourcing allows businesses to enjoy advantages such as: Specialized expertise Access to the latest technologies Streamlined business processes Cost saving Increased efficiency and productivity Flexibility Focus on core tasks Selecting the right outsourcing partner can help companies improve efficiency and optimize business processes.

Outsourcing 94

Outsourcing Cybersecurity Robotics Process Automation Supply Chain Management 94

IBM Services

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. This can lead to can significant improvements in efficiency, accuracy and scalability and enable the organization to operate more effectively.

Supply Chain Management 60

Supply Chain Management Finance Human Resources Robotics Process Automation 60

Everest Group

FEBRUARY 27, 2024

Generative Artificial Intelligence (gen AI) is emerging as a game-changer in customer experience management (CXM) by offering the potential to personalize customer interactions, enhance operational efficiency, and provide a competitive edge. As enterprises adopt gen AI, third-party providers have an increasingly vital role.

Management 64

Management Out-Tasking Efficiency Outsourcing 64

Future of Sourcing

MAY 23, 2023

Increase efficiencies with digital tools Companies are moving faster across six dimensions of resilience: finance, operations, technology, organization, business model, and reputation. While 73% said increased operational efficiency is the top benefit, they hope to achieve this by digitizing more processes.

Right-Sizing 52

Right-Sizing Sourcing Analytics Efficiency 52

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. AI helps in understanding nearly any industry by collecting and analyzing tremendous amounts of information efficiently and accurately.

Data Entry 103

Data Entry Right-Sizing Robotics Process Automation Automation 103

Obobo

OCTOBER 11, 2022

The article outlines many benefits of using eprocurement systems, such as greater visibility across the whole procurement process for all brands, more efficient and transparent operations, cost savings and much more! This system automates the sourcing, purchase order, and invoicing processes. What is an E-procurement system?

Software 64

Software Reduced Costs Out-Tasking Automation 64

Perficient Digital Transformation

JULY 21, 2022

Companies store a lot of data over different data sources that is built over time. These data sources are developed using different technologies and have very different data models from each other that includes both structured and unstructured data. Connect to disparate data sources and integrates them without replicating the data.

Sourcing 64

Sourcing Reduced Costs Analytics Banking 64

NoonDalton

JULY 19, 2023

As businesses seek to streamline operations, reduce costs, and tap into specialized talent pools, RPO is increasingly becoming their go-to solution. Candidate Sourcing: Utilizing multiple channels to find candidates who fit the role’s requirements and the company culture. But why is this? me, low-skill positions.

Outsourcing 52

Outsourcing Reduced Overhead Right-Sizing Analytics 52

Infosys Consulting

FEBRUARY 15, 2024

Semiconductor enterprises need to design chips that are highly reliable and efficient. The cloud provides a secure and scalable environment for fabless firms to automate processes, apply advanced tools, and adopt a collaborative approach to reduce costs as well as turnaround times for bespoke chipsets.

Design 52

Design Co-Sourcing Collaborations Analytics 52

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we’ll cover what tail spend analysis is, its benefits, how to develop a plan for it, how to analyze data and trends, and how to best leverage tail spend analysis to improve efficiency.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

Automation Anywhere

OCTOBER 14, 2022

RPA can help BPO companies drive efficiencies in operations and create a differentiated offering for their clients. It improves quality and compliance while reducing costs and tapping into new revenue streams, providing clients with insights derived from data that was previously difficult to capture and analyze.

BPO 52

BPO Robotics Process Automation Data Entry Human Resources 52

Obobo

DECEMBER 20, 2022

It’s an efficient way for businesses to streamline the procurement and sourcing process , as well as ensure compliance with regulations. Overall, having accurate and up-to-date supplier master data is critical for efficient and effective supplier management. Increased efficiency and productivity. Reduced costs.

Management 52

Management Reduced Costs Efficiency Out-Tasking 52

Obobo

FEBRUARY 1, 2023

Companies need to be able to source materials quickly and efficiently in order to remain competitive, and this is where cognitive procurement comes into play. Cognitive procurement is a new approach to sourcing goods and services that uses artificial intelligence (AI) technology to streamline the process.

Automation 40

Automation Analytics Sourcing Reduced Costs 40

Capgemini

JANUARY 20, 2022

To stay ahead of the competition in O2C, organizations need to eliminate friction from their processes, reduce cost and lost sales, and improve speed to market. This transforms our clients’ finance functions to drive frictionless enterprise-level outcomes, enhanced efficiency, and topline growth to the business.

Finance 52

Finance Reduced Costs Accounting Analytics 52

Obobo

MARCH 30, 2023

If you’re responsible for a procurement team , reducing costs is probably one of the main goals you care about. In fact, cutting costs is the primary KPI for most purchasing organizations. But what’s the best way to measure and report those cost savings ? What are the Benefits of Procurement Cost Savings?

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

IBM Business Partners

JUNE 8, 2023

Insights generated from this data can help organizations further their ESG programs as well as drive operational efficiency. Moreover, credible environmental reporting is supported by factual data. This proactive approach could help conservationists take timely action, implement mitigation strategies, and allocate resources more effectively.

Engineering 85

Engineering Collaborations Efficiency Research 85

Amzur

JANUARY 18, 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. AI helps in understanding nearly any industry by collecting and analyzing tremendous amounts of information efficiently and accurately.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Amzur

JANUARY 18, 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. AI helps in understanding nearly any industry by collecting and analyzing tremendous amounts of information efficiently and accurately.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Amzur

JANUARY 18, 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. AI helps in understanding nearly any industry by collecting and analyzing tremendous amounts of information efficiently and accurately.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

IBM Services

NOVEMBER 30, 2023

On a mission to provide robust and holistic next-generation SOC solutions to its clients, eSec Forte offers state of the art security monitoring, user analytics, security audits, compliance management, digital forensics investigation and security incident response services as a service powered by IBM Security QRadar Suite.

Cybersecurity 71

Cybersecurity Regulations Sourcing Streamline Operations 71

Everest Group

MARCH 17, 2023

Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. According to a McKinsey report, 43% of top 100 Property and Casualty (P&C) insurers have at least one MGA relationship to source new premiums. Read on to learn more.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As it often proves reliable when estimating outcomes, this concept is widely used by various industries attempting to maximize their efficiency. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Perficient Digital Transformation

FEBRUARY 13, 2023

Transform your data incrementally: A common mistake novice data engineers make is writing huge SQL statements that join, aggregate, and process many tables, misunderstanding that this is an efficient way to work. So, here are few best practices for data engineering using snowflake: 1.Transform That’s it.

Engineering 69

Engineering Right-Sizing Out-Tasking Jobbing 69

Magellan Solutions

MARCH 22, 2023

Analyzing call center performance is best done through data and analytics. What is the best way to measure call center efficiency? By using these metrics to measure performance, the call center staff can maximize their productivity and effectiveness, which ultimately reduces costs.

Call Center 98

Call Center Customer Service Outsourcing Efficiency 98

Premier BPO

MARCH 29, 2023

Event Theme and Topics: Topics under discussion focused on the latest trends and best practices for shared services, including digital transformation, automation, and data analytics with the concept of centralizing support functions to increase efficiency and reduce costs.

Shared Services 40

Shared Services Co-Sourcing Service BPO 40

Capgemini

NOVEMBER 30, 2022

It helps from the bottom-line perspective in terms of bringing greater efficiencies,” according to Ashvin Parmar, Vice President, Insights & Data Practice Leader at Capgemini. By procuring data from a variety of sources, they can enrich their own data and improve in areas like risk management.

Service 52

Service Finance Risk Management Risk Management 52

Obobo

JANUARY 25, 2023

eSourcing – The Ultimate Guide to eSourcing Software Introduction to eSourcing eSourcing software is a tool that streamlines the process of sourcing and procuring products and services from suppliers. The benefits of eSourcing make it an essential tool for any organization that sources products or services from suppliers.

Software 40

Software Sourcing Right-Sizing Out-Tasking 40