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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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12 Different Types of Managed Services

31 West

Are you one of the business leaders who are racking their minds over the secret of not just staying in the game but also coming out with flying colors? Do you always feel like you are missing out on something vital to being a dominant competitor? Primary Managed Services. Data Analytics. Secondary Managed Services.

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Identifying Supply Chain Automation Opportunities

Automation Anywhere

In this blog, we will take a look at one promising process in the “pursue” automation category for manufacturing companies within their supply chains—order management—and show how intelligent automation can be applied, resulting in significant time and cost savings. But manufacturers also suffered severe supply chain woes.

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How AI Is Changing the Landscape of Business Process Automation

Automation Anywhere

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. By infusing AI into the bots, they are able to do much more—handling many of the tasks that humans do today.

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How to Set Up a PO System (Even on a Limited Budget)

Frevvo

Having a formalized PO system enables you to create purchase orders, manage vendor information, and approve invoices from one place. Purchase orders are legally binding once signed and accepted, so they provide legal protection. Informal processes are convenient, but what if there’s a dispute about payment or delivery terms?

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How to choose the best enterprise asset management software

IBM Business Partners

EAM systems are a combination of advanced analytics, management tools and services that work together to maintain (or control) the performance of operational assets. These platforms can ingest a lot of data from many sources and use it to help you identify strengths and weaknesses within a large, complex business.

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Business process management (BPM) examples

IBM Services

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. Through BPM, disparate data sources—including spend data, internal performance metrics and external market research—can be connected.