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IN THE NEWS
FUTURE OF SOURCING: HOW ARTIFICIAL INTELLIGENCE IS TRANSFORMING BUSINESS
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 the next five years through the use of robotic process automation, machine learning and cognitive procurement.
CONSULTANCY.UK: 4C ASSOCIATES LAUNCHES PROCUREMENT AND COST MANAGEMENT SOLUTION
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 mechanisms.
CONSULTANCY.UK: 4C ASSOCIATES BOOSTS PROCUREMENT SERVICES WITH SCANMARKET PARTNERSHIP
London-based procurement consultancy 4C Associates has announced a partnership with Scanmarket, one of the world’s premier providers of software
solutions for sourcing. As part of the alliance, 4C Associates, which becomes Scanmarket’s tenth major consultancy partner, consultants of
4C Associates can leverage the technology in engagements to the benefit of the firm’s clients.