supplychain

How Important is Procurement Analytics?

Procurement analytics is the process of collecting and analyzing procurement data to form meaningful insights and lead to effective business decision making. It ranges from historic procurement spend analysis reports to advanced analytics that help in predicting and budgeting future decisions. The need for procurement analytics developed as organizations urged to get a consolidated view…

cloud computing

Google is Investing $1 Billion in CME Group

Alphabet Inc’s Google has invested $1 billion in CME Group under the terms of a 10-year partnership between the companies. The organization has also struck a separate deal to move the futures exchange operator’s trading systems to the cloud. The Chicago-based exchange operator will begin moving its technology infrastructure to Google Cloud next year. This…

supplychain

Autonomous Drone Networks: The Fastest Route To Sustainable Supply Chains

In a move to relieve over-burdened and unsustainable supply chains, Weforum discovered that companies need new forms of infrastructure. With an example of drone-based logistics networks from Rwanda and Virginia, the independent organization said such networks have proved their efficiency and sustainability. Taking the discussion further, they added that using drones alongside existing logistics system…

cloud computing

What is the Possibility of Cloud Computing in the Public Sector?

It’s certain that most private sector organisations underwent rapid digital transformation after the inception of the pandemic and now, following the suit, we’ve discovered that public sector organisations are also looking to leverage the benefits of lower infrastructure costs and greater flexibility associated with the cloud technology. According to a recent study, it was found…

supplychain

The Cascade of Supply Chain Turmoils

Since the inception of the pandemic, supply chain disruptions have been a major challenge for the global economy. Whether it was the shutdown of factories in China, lockdowns in most countries across the world, shortage of labor, robust demand for tradable goods, disruptions in the logistics networks or capacity constraints, every issue in the supply…