Artificial Intelligence (AI) now plays a significant role in all walks of life, including healthcare, education, business, retail, and translation. When it comes to retail in specific, the first thing about AI applications that comes into most people’s minds is conversational AI and chatbots, which are used in customer service. To learn more about how …
In the modern world, small businesses exist under the pressure of their bigger competitors, which makes their life and development much more complex and stressful. Starting and running a small business demands a lot of energy, courage, and time, and the fear of failure is always present. Statistical records say that over 20% of small …
Modern supply chains have reached an unprecedented and rather extraordinary level of complexity. The increasing digitization of the physical world, in conjunction with the innovation of IoT technology and sophisticated personality-based targeted marketing techniques, has created an ecosystem where consumer markets are instantaneously accessible, adaptable, and trackable. While there is an enormous potential for profit …
How AI and Blockchain are Transforming the Supply Chain Management Read More »
(originally published May 2021) In March 2015, Ardent Partners published their annual CPO Rising study. That year, the study announced an official shift into the next phase of evolution from a Strategic to an Agile procurement organization. The top three (3) priorities for Chief Procurement Officers in 2015 were: 1. Improve collaboration within the lines …
Impact of AI on the Evolution of the Procurement & Supply Chain Organizations Read More »
