Remove 2023 Remove Forecasting Remove Manufacturing Remove Risk Management
article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

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.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

State of the CIO, 2024: Change makers in the business spotlight

CIO Business Intelligence

A smaller number (16% of IT leaders and 11% of LOB) sought out CIO consultation to help evaluate and advise on choices using a risk management or governance lens. Sanjeev Saturru, CIO, Casey’s Casey’s “For us, modernization and innovation are not sequential,” says The Hartford’s Soni.

article thumbnail

IT leaders adjust budget priorities as economic outlook shifts

CIO Business Intelligence

Gartner predicts 2023 IT spending will grow 5.1% We haven’t changed our forecast in three quarters,” he says, noting that the US gross domestic product (GDP) is, technically, already in recession territory and has been for the past six months. Focus on risk management, he advises, and “have a little faith in your CFO and CEO.

IT 131
article thumbnail

Global Tax Trends in 2021 and 2022: How to Manage Through an Era of Transformation

Jet Global

This will ensure that multinational enterprises (MNEs) will be subject to a minimum 15% tax rate from 2023. Countries are aiming to sign a multilateral convention during 2022, with effective implementation in 2023. The landmark deal was agreed by 136 countries and jurisdictions representing more than 90% of global GDP.

article thumbnail

Preparing for the Great Tax Reset: Transparency and Flexibility Will Be Key

Jet Global

Learn why tax is playing an important part in enterprise risk management. It also releases tax teams’ time to be spent on more valuable efforts: comparing tax data across reporting cycles, considering the implications of different scenarios, and feeding insights into future tax planning and forecasting.