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 …

Every day is Black Friday in British Retail

Every day is Black Friday in British Retail

Pro Ganguly Blog, Retail

Black Friday. The American retail phenomenon. Usually the day after Thanksgiving Day and billed as the start of the Christmas shopping season. Billions of dollars being spent by consumers, enticed by heavily discounted items from all retailers, for one day only. A phenomenon that was imported to the UK a few years ago by American owned retailers such as Asda …

Consultancy UK: 4C Associates launches procurement and cost management solution

4C Associates In the press

European procurement consultancy 4C Associates has launched a range of software modules, collectively the 4C Analytics platform, to address procurement and cost management issues. With the approach of Brexit likely to complicate many logistics chains in the UK and EU, the new line of insight-as-a-service products is hoped to offer clients a way to analyse and rapidly improve their procurement …

4C Associates launches “Insight-As-A-Service” to address procurement and cost management issues

4C Associates launches “Insight-As-A-Service” to address procurement and cost management issues

admin Press Releases

4C Associates, a leading European procurement consultancy specialising in cost reduction and transformation has launched “Insight-As-A-Service”, a range of software modules, collectively the 4C Analytics platform, to address procurement and cost management issues. Insight-As-A-Service is a new line of business for 4C Associates, that is gaining traction with new and existing clients. The new 4C Analytics platform combines the knowledge …

Game Theory and how to improve e-Auction value delivery

Sunny Agnihotri Blog, Procurement

Much has been written about the decline in savings from the long-term use of e-auctions. The law of diminishing returns is often quoted as applying to e-auctions in just the same way as any other sourcing strategy. So what can you do about it? After all e-auctions are a very efficient way of sourcing low-to-medium value/risk products, which could otherwise …

Improving cost efficiency through spend analytics

Improving cost efficiency through spend analytics

Yorick Plouvier Blog, Technology

Spend analytics is the process of collecting, cleansing, classifying and analyzing data, helping to gain visibility and transparency into spend data, tracking procurement and financial performance metrics, and to providing actionable insights.  Companies perform spend analysis for several reasons, the core business driver for most organizations being profitability. In addition to improving compliance and reducing cycle times, performing detailed spend …