Wed.Jul 12, 2023

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Common Global Procurement Mistakes Made By SMEs

The Global Small Business Blog

©iStock/HAKINMHAN Sourcing, business communications, supplier selection, contract management and supplier relationship management are among the most important activities in the procurement process. Procurement specialists at SMEs usually learn the main skills of the job by trial and error, which often leads to unnecessary costs to organizations. It is obvious that knowing and avoiding these types of mistakes will help small enterprises save money and increase profit.

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Offshoring for digital transformation: 6 ways it reshapes businesses

The Scalers

Offshoring. It’s agile. It’s transformative. And it can revolutionalise your business in today’s fourth industrial revolution. In fact, 93% of organisations have adopted or are ready to adopt a digital-first business strategy to stay competitive. Most utilise offshoring for its cost-effectiveness and access to global talent expertise. But that’s not all.

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Everything you need to know about Singapore’s Entrepreneur Pass

Airswift

Commonly asked Questions about Singapore's Entrepreneur Pass With its progressive infrastructure and affinity for technology, Singapore is a major attraction amongst savvy and ambitious professionals. Suppose you’re an entrepreneur who has been eyeing this island state as a potential locale for your next international business venture. In that case, you may be the perfect candidate for the Entrepreneur Pass.

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Ready for the Next Wave of Digital Transformation?

Zinnov

In this episode, Paul sits down with Pari Natarajan to discuss digital transformation 2.0. Pari shares how companies can use digital transformation to their advantage to gain a competitive edge, and potential ethical concerns with new technologies like generative AI.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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GKN Aerospace — Journey to integrated business planning

IBM Business Partners

GKN Aerospace is a leading global supplier in the aerospace industry, specializing in the design, manufacturing, and supply of advanced aerospace systems and components. With a history spanning several decades, GKN Aerospace has established itself with major aircraft manufacturers and operators worldwide as a trusted partner that supports its goals of pushing the boundaries of aircraft performance and sustainability.

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Wirtek forms client partnership with energy company ENEVO Group

Wirtek

In today's digital landscape, cybersecurity is a growing concern, especially for industries handling sensitive information. Recognizing this need, Wirtek has partnered with ENEVO Group, a player in the energy sector, to develop a tailored solution.

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Blueprint or Wallpaper: The Challenges of Selling Your GBS Strategy to the Team | Blog

Everest Group

Your stakeholders seem to be willing to embrace a more comprehensive model, embracing new scope and moving even more work offshore. The enterprise’s CXOs are pushing an imperative for digitization, giving your GBS initiatives real coattails to grab onto. A white shoe strategy firm or one of the Big 4 has helped you develop an all-singing, all-dancing global business services blueprint that harnesses the latest GBS thinking.

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The Importance of Having a Big Data Strategy for Pharmaceutical Organizations

Infosys Consulting

In today’s digital landscape, the generation and accumulation of data have become ubiquitous. Organizations of all sizes and across various industries are realizing the immense potential of leveraging big data to gain valuable insights, make informed decisions, and drive innovation. However, the sheer volume, velocity, and variety of data pose significant challenges.

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Real Insights to Future Business Performance Requires Performance Intelligence Solutions

Perficient Digital Transformation

Without insights into future performance, businesses risk stagnation or failure. In today’s competitive global markets, businesses must understand current profitability, predict financial performance, and model scenarios aimed at optimizing future growth and performance. Gaining Insight with AI While baseline financials quantify profitability, they often do not provide key insights into what is driving sales, margin, and income.

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Revenue Cycle Management (RCM) Operations PEAK Matrix® Assessment 2023

Everest Group

Revenue Cycle Management (RCM) Operations PEAK Matrix® Assessment 2022 was a tumultuous year for the US healthcare provider landscape. With patient volumes still below pre-pandemic levels, an increase in the average length of stay, severe talent shortages, and escalating costs, nearly half of the hospitals in the country faced negative margins. As healthcare providers face mounting revenue pressures, they are prioritizing the futureproofing of their revenue cycle operations.

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Global Hiring Guide for Startups

Grow your startup beyond borders and boundaries. Global expansion is the ultimate goal for many startup founders. However, to successfully enter new markets and grow internationally, you need a sound and scalable global recruitment strategy. In this eBook, you’ll discover how you can gain a competitive edge over your business rivals through the latest technology, harnessing global contractors, and using a global employment platform.

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Joint Guidance Provided to Banks to Manage Risks Associated With Third-Party Relationships

Perficient Digital Transformation

Introduction It’s not you. It’s the guidance. Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. Often an organization will have a state-charted non-member bank, which has the FDIC as its primary federal regulator. The same organization will typically have a national bank charter, and the OCC is the primary federal banking regulator for that part of the organization.

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Digital Experience Platforms (DXP) in Asset and Wealth Management (AWM) Products PEAK Matrix® Assessment 2023

Everest Group

Home / PEAK Matrix® Digital Experience Platforms (DXP) in Asset and Wealth Management (AWM) Products PEAK Matrix® Assessment The Asset and Wealth Management (AWM) industry is seeing the democratization of finance, growing demand for personalized digital experiences, and the emergence of new products such as digital assets and ESG-compliant investments.

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From Incarceration to Empowerment: My Journey of Transformation Through Impact Sourcing

Intelligent Sourcing

As a former inmate at the Arizona Women’s Prison, I spent ten years in an environment that could easily strip one of hope for the future. But instead, it was within those very walls that I found a lifeline to personal and professional transformation: impact sourcing. Through a for-profit company called Televerde — a sales, […] The post From Incarceration to Empowerment: My Journey of Transformation Through Impact Sourcing appeared first on Intelligent Sourcing.

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What Is Business Process Management (BPM)?

Metasource

In today’s dynamic and ever-evolving business landscape, organizations strive to optimize their operations, enhance customer experiences, and stay competitive. Enter business process management (BPM). At its core, business process management is a systematic approach to improving an organization’s workflow and operational efficiency. According to Gartner, business process management is “a discipline that uses various methods to discover, model, analyze, measure, improve, and opt

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

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Ibex goes from strength to strength in Jamaica

Intelligent Sourcing

Jamie Vergara, VP Global Operations, IBEX was recently asked why the company had chosen to Invest in Jamaica. The following video highlights the fantastic capabilities not only of the country with its ongoing government support and investment but also of its skilled educated workforce. Ibex has achieved explosive growth while being in Jamaica while its […] The post Ibex goes from strength to strength in Jamaica appeared first on Intelligent Sourcing.

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Generative AI in Customer Experience: Use Cases and Responsible Adoption | LinkedIn Live

Everest Group

LINKEDIN LIVE Generative AI in Customer Experience: Use Cases and Responsible Adoption View the event on LinkedIn, which was delivered live on Wednesday, July 12, 2023. Generative AI (GAI) is rapidly gaining traction in customer experience (CX), with organizations striving to grab hold of the possibilities, real-world use cases, and what constitutes responsible adoption.

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Talent Management and Outsourcing: Unlocking the Potential of a Diverse Labour Market

Intelligent Sourcing

In today’s ever-evolving global economy, companies are increasingly recognizing the immense value of a diverse and inclusive workforce. However, sourcing and retaining top talent from diverse backgrounds can prove to be a challenging task, especially in industries with historically low levels of diversity. This is where talent management and outsourcing come into play, offering a […] The post Talent Management and Outsourcing: Unlocking the Potential of a Diverse Labour Market appear

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Setting up the component form builder in Site Studio

Perficient Digital Transformation

In the last blog , we get to know about how to create a component in the site studio. In this blog, we are going to set up the component form builder for the component. You can improve specific functionalities or enhance the visual appearance of your site by using component form builder. The component form builder is located below the layout canvas.

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Top 7 Global Employment Challenges

The benefits of expanding internationally are endless, especially if you approach it the right way. However, there are pitfalls along the way that can slow down progress. Global expansion brings many opportunities for companies —business growth, brand-building in new markets, and access to diverse talent pools worldwide. However, international growth can come with challenges.

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Enterprises need generative AI tailored to their unique needs, with their own unique data

IBM Business Partners

In less than a year, we’ve gone from the “run your business and apply AI to help” paradigm to a reality where enterprises in every industry are navigating how to embed AI into the fabric of their strategies. Generative AI based on foundation models has brought us to this inflection point. In fact, new research from IBM’s Institute for Business Value CEO study found three out of four (75%) CEOs surveyed believe the organization with the most advanced generative AI wins, an

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Hybrid Project Management: Achieving the Best of Both Worlds

Auxis

Blending different project management methodologies isn’t easy. Learn why hybrid project management is worth the effort – and 8 tips for success.

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CaixaBank CIO Pere Nebot discusses modernizing business operations for an enhanced, customer-centric experience

IBM Business Partners

As a leading financial group in Spain, CaixaBank has long been an innovator by taking a technology-first approach by placing innovation, digital transformation, customer experience and sustainable banking at the forefront of its strategy. The bank reportedly serves 20 million customers and is a country leader in digital banking with more than 11 million customers.

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How Inbound Call Center Services Improve Overall Customer Experience?

Go4Customer

The top priority of any business is keeping customers satisfied because customers have the ability to make or break a business. Key performance indicators (KPI) for the call center have traditionally included measurements for customer happiness and experience. Customer experience (CX) is currently the most crucial KPI for the entire organisation, nevertheless. 9 out of 10 businesses report that they are competing primarily on the.

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ABM Success Recipe: Mastering the Crawl, Walk, Run Approach

Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. But where do you begin, and how do you progress from crawling to running? Watch now as Demand Gen experts delve into the essentials of each stage of the ABM process.

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Contingency plan examples: A step-by-step guide to help your business prepare for the unexpected

IBM Business Partners

Enterprises are often defined by how they deal with events that are out of their control. For example, how you react to a disruptive technology or cope with a sudden change in the markets can be the difference between success and failure. Contingency planning is the art of preparing for the unexpected. But where do you start and how do you separate the threats that could do real harm to your business from the ones that aren’t as critical?

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File Based Routing in Next.js

Perficient Digital Transformation

Next.js is a framework for building web applications built on top of React. Everything we can do in React we can also do in Next.js – with some additional features like routing, API calls, authentication, and more. We don’t have these features in React. Instead, we must install some external libraries and dependencies – like React Router, for routing in a single-page React app.

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OEE vs. TEEP: What’s the difference?

IBM Business Partners

Breakdowns, equipment failure, outages and other shop floor disruptions can result in big losses for an organization. Production managers are tasked with ensuring that factories and other production lines are getting the most value out of their equipment and systems. Overall equipment effectiveness (OEE) and total effective equipment performance (TEEP) are two related KPIs that are used in manufacturing and production environments to help prevent losses by measuring and improving the performance