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AI in commerce: Essential use cases for B2B and B2C

IBM Business Partners

  In the context of this rapid advancement, generative AI and automation have the capacity to create more fundamentally relevant and contextually appropriate buying experiences. Traditional AI can enhance international purchasing by automating tasks such as currency conversions and tax calculations.

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How To Avoid A Decrease In Cash Flow From An Increase In Operations

Planergy Software

How better management in AP can give you better flexibility for cash flow management. Cash Flow Governance Risk Management & Compliance (GRC). Low Inventory Turnover Rates Calculate your inventory turnover rate by finding the ratio of sales to the inventory available at the end of the same period.

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What is a Procurement Project Management Software? – Definition

Obobo

This extends to the procurement process as well, where many companies are now opting for procurement project management software to streamline their processes. But what is a procurement project management software exactly? In this article, we’ll explore what it is and how it can help your business.

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11 Cost Reduction Strategies in Procurement

Obobo

Leverage technology solutions to automate procurement procedures , improve compliance, and reduce costs. Optimize Inventory Management: Effective inventory management can help reduce waste, minimize storage costs and prevent over-ordering of products. Here are some ways to use technology to your advantage: 1.

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How To Use Activity Ratio Analysis To Understand Business Efficiency

Planergy Software

How better management in AP can give you better flexibility for cash flow management. Financial Ratios Governance Risk Management & Compliance (GRC). Inventory turnover ratio If you own a retail business, knowing your inventory turnover ratio is essential. Download Free Copy. Written by. 18 min read.

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The Benefits of Localized Supply Chain

Planergy Software

To keep consumers happy, your procurement team should closely evaluate all third-party vendors for risks and supply chain vulnerabilities. Supply chain and risk management has forever changed as a result. Much of the brand’s failure in the Canadian market is due to poor inventory management. Related Posts.

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The Benefits of Localized Supply Chain

Planergy Software

To keep consumers happy, your procurement team should closely evaluate all third-party vendors for risks and supply chain vulnerabilities. Supply chain and risk management has forever changed as a result. Much of the brand’s failure in the Canadian market is due to poor inventory management. Related Posts.