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How generative AI will revolutionize supply chain 

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.

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DFS500 Amendments: What You Need to Know

Perficient Digital Transformation

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence Perficient’s Risk and Regulatory Center of Excellence (CoE) remains at the forefront of evolving financial rules and regulations, ensuring readiness to tackle emerging challenges and safeguard financial institutions and its customers.

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NYSDFS Part 500 Cyber Amendments Finalized: What You Need to Know

Perficient Digital Transformation

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

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Choosing Business Outsourcing Companies

Intugo

They understand your sector’s challenges, regulations, and best practices, ensuring more efficient and compliant service delivery. Ensure the outsourcing company adheres to international data protection regulations, maintains strict security protocols, and undergoes regular security audits.

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Six EAM trends pushing the oil and gas industries forward

IBM Business Partners

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. It offers a holistic view, providing critical data about asset condition, location and efficiency.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

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11 Cost Reduction Strategies in Procurement

Obobo

Optimize Inventory Management: Effective inventory management can help reduce waste, minimize storage costs and prevent over-ordering of products. Proper forecasting and real-time tracking can ensure that your inventory levels stay optimal. Medium-Term Cost Reduction Strategies: 3.