Remove Inventory Management Remove Marketing Remove Regulations Remove Sourcing
article thumbnail

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.

article thumbnail

How generative AI will revolutionize supply chainĀ 

IBM Services

From demand forecasting to route optimization, inventory management and risk mitigation, the applications of generative AI are limitless. This allows companies proof of sustainability to drive customer loyalty and comply with regulations.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

T+1 ā€“ A radical change to your global operating model

Capgemini

Often, trading and booking systems do not contain or capture depos or intended settlement date inventory information; these calculations are left to the inventory management or SBL systems. This could lead to systemic shorts, where a trader sources a US asset on a T+2 depo but sells it on a T+1 basis in the domestic US market.

article thumbnail

6 Ways Intelligent Automation Is Transforming the Pharma Industry

Automation Anywhere

Reduced time to market. Personalize marketing Intelligent automation also enables pharma firms to more precisely target healthcare providers (HCPs), administrators, patients, and other stakeholders with the right content at the right time based on stakeholder interactions and requirements. Increased agility. Higher and faster ROI.

article thumbnail

Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. They include products or services sourced from multiple suppliers or distributors and are standardized according to the company’s requirements. How to gain visibility and control of your indirect spend.

article thumbnail

How generative AI can transform the aviation industryĀ 

IBM Services

Some airlines are already using generative AI in communications and customer service operations, including automating translations of texts, producing marketing materials and writing copies. They must also make sure that customer data is secure and that its use is compliant with data privacy regulations.

article thumbnail

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. Table 1 below]. To find out more, please visit [link].