Procurement and big data

Vincent Hauss Artificial Intelligence, Procurement 0 Comments

It comes as no surprise that the procurement function is using big data to drive digital change. According to a recent survey of over 650 leaders in procurement, supply chain and finance from Europe and North America, 72 percent of respondents stated big data and predictive analytics as one of the top five priorities for their organisations. These organisations are investing heavily in technologies that, beyond cost savings …

My Computer Just Had a Good Idea

Steven Sargent Artificial Intelligence, Blog, Technology 0 Comments

Creativity is the final bastion of what it is to be human, the one thing that machines are not going to be able to do, and therefore our jobs are safe provided they require creative input.  A new book out this month by Marcus du Sautoy, The Creativity Code, discusses to what extent computers can be programmed to invent and …

Will 'One Below' succeed as a new discounter?

Will ‘One Below’ succeed as a new discounter?

Pro Ganguly Blog, Retail

A new discount retailer opened its doors recently on UK high streets. The chain, known as ‘One Below’ initially opened four stores in Leeds, South Shields and Doncaster. All four sites were previously occupied by the failed discount retailer Poundworld but the link with Poundworld doesn’t just end there. One Below is the brainchild of father and son team Chris …

Oil and Gas Insights Spring 2019

Oil and Gas Insights Spring 2019

4C Associates Newsletters, Oil&Gas

Welcome to the Spring edition of 4C Associates’ quarterly Oil & Gas sector update. With oil majors publishing their first set of quarterly results of 2019 (reporting Q4 2018), it has demonstrated that after years of fighting to gain control of costs, the industry’s ‘big-guns’ can finally get back to generating significant cash flows. Still, the question surrounding the long-term …

The 9 traits of successful business transformations in Retail

The 9 traits of successful business transformations in Retail

Emanuel Modrovic Blog, Retail

The Retail sector is going through profound, fundamental and on-going change. High street shops are closing at an accelerating rate while fierce online competition is squeezing already tight margins. Many retailers are responding by restructuring and transforming their businesses in different ways, but with such complex programmes there are many things that can go wrong. Here at 4C, we have …

3 reasons why Private Label should be top on all retailers’ agenda

3 reasons why Private Label should be top on all retailers’ agenda

Rosanna Collins Blog, Retail

2018 was not a great year for the retail industry. Increasing costs and diminishing footfall resulted in shrinking profits. However, there are numerous ways that retailers can look to improve their profitability in 2019 to reduce mounting pressure. Creating innovative private label ranges is one sustainable way to reduce costs whilst getting more customers into shops. From past experiences working …

Machine learning for people in a hurry

Machine learning for people in a hurry

Vlad Brincoveanu Artificial Intelligence, Blog, Technology

To put it very simply, machine learning can be described as a way of algorithms using vast amount of data to find patterns. What makes it special? It can learn and self-improve. It sounds straight out of a Sci-Fi movie, but it’s true. It runs the world and most of us use it every day without even knowing. It powers …

Future of Sourcing: How artificial intelligence is transforming business

4C Associates In the press

Artificial Intelligence (AI), is a much used and abused term, potentially at the top of its hype cycle.  In one of her recent speeches Theresa May identified AI as a major growth area for British businesses and Juniper research estimated that AI will save businesses $8 billion a year by 2020. AI is predicted to disrupt business and procurement over …

Oil and Gas Insights Winter 2018/19

Oil and Gas Insights Winter 2018/19

4C Associates Newsletters

Welcome to the first of 4C Associates’ quarterly Oil & Gas sector update. This bulletin is aimed to provide you with a short overview of the current occurrences within the sector, as well as key information that is critical to anyone working in the industry. Included in the bulletin, you’ll be able to find crude oil prices, company updates, opinions …