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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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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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Real-time transaction data analysis with IBM Event Automation

IBM Services

Those events can then be consumed and processed to help inform smarter decisions and trigger automations. To show this with an example, consider one stream of business events sourced from an order management system. This stream provides a persistent, real-time log of all orders received.

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Identifying Supply Chain Automation Opportunities

Automation Anywhere

They lacked the data and transparency that an automated system would have provided. Supply chain ripe for RPA For all these reasons and more, manufacturers are turning to Robotic Process Automation (RPA). The diagram below summarizes the core processes in the supply chain management process. Ignore them.

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Process Excellence: A transformational lever to extreme automation

IBM Services

All are transforming their procurement operations by leveraging state-of-the-art process mining and intelligent automation technology. For the first time, we can see intricate and complex processes clearly in action, identifying where they operate effectively and where they can best be simplified, optimized and automated.

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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. To solve this problem, they turned to AI-based automation. Consider these: Feedback triage.

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Discovery to delivery: Transform the shopper’s journey

IBM Services

The promise of accuracy in inventory—or, more importantly, in the availability of inventory—is very important when there are competing demands for the same unit of inventory and unpredictable disruptions to sources of supply.