Remove Cost-Benefit Remove Forecasting Remove Management Remove Risk Management
article thumbnail

Gartner Explores Tech Innovations in Integrated Risk Management

John Wheeler

This week, we kicked-off a major research effort to explore current innovations in the rapidly expanding integrated risk management (IRM) market. Given that Gartner forecasts double digit growth (12.6%) for the IRM technology market in 2021 , the nature of these innovative product uses will span 10 use case domains (see figure below).

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Project management: Tips, tools, best practices

CIO Business Intelligence

What is project management? Project management is a business discipline that involves applying specific processes, knowledge, skills, techniques, and tools to successfully deliver outcomes that meet project goals. Project management steps Project management is broken down into five phases or life cycle.

article thumbnail

AI and generative AI are revolutionizing manufacturing…here’s how

CIO Business Intelligence

AI can help with all of these challenges via manufacturing-specific use cases that benefit manufacturers, their employees, and their customers. Process optimization In manufacturing, process optimization that maximizes quality, efficiency, and cost-savings is an ever-present goal. Here’s how.

article thumbnail

4 smart technologies modernizing sourcing strategy

IBM Big Data Hub

Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.

Strategy 103
article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

article thumbnail

7 steps for turning shadow IT into a competitive edge

CIO Business Intelligence

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. Following are seven steps to guide this transformation for competitive advantage.

IT 137