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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

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NYC puts AI on notice: How a new HR regulation in NYC is impacting global processes

IBM Services

Organizations sourcing, screening, interviewing, hiring or promoting individuals in New York City are required to conduct yearly bias audits on automated employment decision-making tools as per New York City Local Law 144 , which was enacted in December 2021. and other states are also proposing algorithmic HR regulations.

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Navigating COP28: Insights on the Evolving Landscape of Sustainability | Blog

Everest Group

In this blog, we bring you insights from Everest Group’s sustainability analysts on their hopes and expectations for this crucial global event. In the realm of supply chain management, advanced technologies such as blockchain enable transparent and traceable sourcing, ensuring ethical practices and minimizing environmental impact.

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Economic Oasis: Revenue Cycle Management Thriving Through Turbulent Times | Blog

Everest Group

New sourcing deals requiring providers to support multiple areas have continued to increase, driven by healthcare providers’ long-standing challenges of lower revenue collection, higher denials, and suboptimal patient experience. While multiple drivers beyond labor shortages are pushing providers to outsource, a few factors stand out.

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Identifying Automation Opportunities for Retail Banking

Automation Anywhere

Operations supporting each of these product lines such as loan fulfillment, underwriting, compliance, customer service, and collections could significantly benefit from automation since many of these processes are manual and document-intensive. These are the highest priority processes to automate. Ignore them.

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Unleashing the Power of Generative AI in Procurement | Blog

Everest Group

Integrating Generative Artificial Intelligence (GAI) into Source-to-Pay (S2P) processes can reshape procurement operations. By seamlessly integrating advanced algorithms and machine learning, GAI has the power to transform Source-to-Pay (S2P) processes, taking procurement to unprecedented heights of efficiency, accuracy, and innovation.

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Mastering healthcare data governance with data lineage

IBM Services

For starters, healthcare organizations constantly encounter vast (and ever-increasing) amounts of highly regulated personal data. Healthcare organizations must adhere to data privacy regulations like HIPAA and GDPR. Issues with compliance and audit conduct also arise due to these scattered data sources.