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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 105
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Optimizing PCI compliance in financial institutions

CIO Business Intelligence

How can implementing a CCA benefit financial institutions and their various business units in their quest for PCI security compliance? That, in turn, reduces IT cost, the time it takes staff to learn the environment, and the time to market. One of the significant advantages of a CCA is the potential for cost reduction.

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

CIO Business Intelligence

The timing for these advancements is optimal as the industry grapples with skilled labor shortages, supply chain challenges, and a highly competitive global marketplace. AI can help with all of these challenges via manufacturing-specific use cases that benefit manufacturers, their employees, and their customers. Here’s how.

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Essential skills and traits of chief AI officers

CIO Business Intelligence

To date, many of these positions are with technology vendors or at government entities in the wake of recent AI mandates. At a high level, a CAIO will need to understand the business well enough to identify where AI can make an impact, whether through new value streams or optimization, Daly says.

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Data Technology Trends That Will Reshape the Future of Accounting

Smart Data Collective

It’s no secret that big data technology has transformed almost every aspect of our lives — and that’s especially true in business, which has become more tech-driven and sophisticated than ever. A lot of recent technology, such as cloud computing, automation, and SEO , are already in practice. billion last year. Remote Work.

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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. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Specific types of sourcing minimize costs in different ways.

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8 pressing needs for CIOs in 2024

CIO Business Intelligence

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In