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6 Ways Intelligent Automation Is Transforming the Pharma Industry

Automation Anywhere

These are just a few of the benefits pharmaceutical, or “pharma,” companies are reaping from deploying intelligent automation. A 2020 Bain & Company survey shows that 84% of companies across all industries have accelerated their automation efforts, primarily due to the fallout from the pandemic. It’s not a moment too soon.

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Applying AI for Good | Automation Anywhere

Automation Anywhere

The use of forecasting through predictive analytics has always existed for improving efficiency for inventory management. Morgan Research has created a machine-learning algorithm that processes more than 250,000 analyst reports to determine what they said—good, bad, or neutral—about specific equities.

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Unlock Working Capital With Automated Invoice Management

SirionLabs

In developed markets, there is a potential for expansion into a broader supplier network (mid-tier spend), while emerging markets are still moving beyond the inventory management maturity to tap into supply chain finance for better working capital. Automated flagging of discrepancies or matches for approval.

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Unlock Working Capital With Automated Invoice Management

SirionLabs

In developed markets, there is a potential for expansion into a broader supplier network (mid-tier spend), while emerging markets are still moving beyond the inventory management maturity to tap into supply chain finance for better working capital. Automated flagging of discrepancies or matches for approval.

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Streamlining supply chain management: Strategies for the future

IBM Services

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

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Mattsen Kumar - Untitled Article

Mattsen Kumar

16.24% of small businesses chose to outsource customer service to increase efficiency. Developing Cost Reduction Policies The Deloitte Research Study shows that outsourcing customer service can reduce operational costs by 30% to 60%. Involving Robotic Process Automation (RPA) It is common to see automation in business processes.

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Retailers can tap into generative AI to enhance support for customers and employees

IBM Services

A recent forecast by the research analyst firm IHL Group predicts that generative AI will have a total financial impact of USD 9.2 By efficiently managing these aspects, retailers can streamline their operations and boost overall performance. The impact of these investments will become evident in the coming years.

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