Source One's series for keeping up with the most recent highlights in procurement, strategic sourcing, and supply chain news week-to-week. Check in with us every Monday to stay up to date with the latest supply management news.
Kyra Senese, Spend Matters, 2/4/2019
Advances in technology are changing the way companies grow their business through talent acquisition. Business leaders today are under tremendous pressure to build a competitive workforce. These leaders need to utilize technology to ease their pressure during the sourcing and on-boarding stages. There is an increasing need for niche, digitally focused skills like data scientists and AI developers. Read more to understand why studies encourage leaders to lean on technology to help them fulfill these growing requirements.
How Artificial Intelligence is Transforming Businesses
Steven Sargent, Future of Sourcing, 2/2/2019
AI is a commonly overused term that is as popular as ever. And while it may not live up to the hype of flying cars and robots taking over the world, AI (and BI--business intelligence) have potential to disrupt the procurement space, in a great way. Sargent explains how the beauty of AI is marrying its complex analysis tools with the creativity of human operators. AI and Big Data sounds great, but we have to do something with it that is worthwhile. Visit Sargent's post to learn how AI can transform Procurement.
Procurement Requires MORE Than a Platform
Michael Lamoureux, Sourcing Innovation, 1/30/2019
Sourcing Innovation editor, Michael Lamoureux, wants to remind procurement professionals that a platform is only as good as you make it. While some platforms can be utilized in ways that bring forth tremendous value, a platform, by itself, is of no value--it is merely foundation. Ensure your platform has sufficient DIY abilities for build-ons, as platforms rarely have everything needed for a successful S2P cycle. All in all, make sure your platform is worth the ticket price. Visit the post for more of Lamoureux's insights.