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What is Supply Chain Decision Support? Are We Rearranging Deck Chairs on the Titanic?

Supply Chain Shaman

The second is, Why are companies focused on traditional risk management investments primarily focused on supply/procurement when the more significant opportunity is balancing risk and opportunity in an increasingly complex world? When he speaks of the supply chain, he means procurement. In deployments, data issues abound.

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How Procurement Can Add Value To Supplier Master Data Management

ivalua

Jarrod McAdoo, Senior Product Marketing Manager, Ivalua. Master supplier data doesn’t just matter to Procurement. It plays a role in a number of necessary business functions and is a key enabler of automation throughout the Procure-to-Pay (P2P) process. Who Should Own Supplier Master Data? Operations.

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Unlocking Efficiency with AI in Business Process Automation

Elementum

Procurement: Automated Procurement Processes AI enhances procurement by automating supplier selection, contract management, and purchase order processing. This not only speeds up procurement cycles but also ensures compliance and optimizes costs through intelligent vendor evaluation and selection.

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Frictionless P2P: A Dream or Reality? 

ivalua

Author: Hubert Verweij , Head of Procurement Transformation, Capgemini Invent Sweden and Finland. Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Maverick buying . Over, early, and late payments .

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The cost of bad data: Hidden costs

HICX Solutions

It adds, “While most people who deal in data every day know that bad data is costly, this figure stuns.”. Other studies have shown that knowledge workers can spend up to 50% of their time trying to locate data, identifying errors in data or seeking confirmatory sources of data to support information that they do not trust.

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The cost of bad data: Hidden costs

HICX Solutions

It adds, “While most people who deal in data every day know that bad data is costly, this figure stuns.”. Other studies have shown that knowledge workers can spend up to 50% of their time trying to locate data, identifying errors in data or seeking confirmatory sources of data to support information that they do not trust.

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Essential Guide for Demand Forecasting in 2024

ThroughPut

Companies that excel in demand forecasting can optimize their supply chain operations, reduce costs, increase profitability, and stay ahead of competitors in meeting customer needs while ensuring long-term success and resilience. Demand forecasting predicts future customer demand using historical data and market analysis.