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Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know

ivalua

Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).

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Smart warehousing solutions and what they could mean for your business

Strategic Sourceror

Reflecting this trend, the global smart warehouse technology market is expected to surge over the next few years, reaching a valuation of $29 billion by 2028, according to data from KBV Research. Managers can use this information to make data-driven decisions about their internal processes to optimize performance and improve output.

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3 Procure-to-Pay Trends Shaping 2024

Pipefy

The global source-to-pay and procure-to-pay outsourcing market is expanding rapidly with the market expected to reach $55.8 billion by 2028. To do so, procure-to-pay trends point to an increased focus on three key areas: technology, collaboration, and sourcing. Below is a rundown of the three procure-to-pay trends shaping 2024.

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2020 Challenges and Solutions for HVAC Distributors

EazyStock

The HVAC industry is already highly competitive and is predicted to grow 13% through 2028. What an inventory optimization tool like EazyStock will do is assign seasonal profiles to SKUs based on their demand history. Managing a vast number of SKUs across the entire supply chain is no mean feat.

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5G use cases that are transforming the world

IBM Supply Chain Blog

According to Statista, more than 200 million homes and businesses have already purchased it with that number expected to at least double by 2028 (link resides outside ibm.com). Edge computing Edge c omputing, a computing framework that allows computations to be done closer to data sources, is fast becoming the standard for enterprises.

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Breaking down the advantages and disadvantages of artificial intelligence

IBM Supply Chain Blog

For optimal performance, AI models should receive data from a diverse datasets (e.g., Maximize the advantages of artificial intelligence with IBM Watson Omdia projects that the global AI market will be worth USD 200 billion by 2028

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Renewable energy trends and developments powering a cleaner future

IBM Supply Chain Blog

The agency predicts that by 2025, renewable energy will surpass coal to become the world’s top source of electricity. And by 2028, 68 countries will boast renewables as their main source of power. The expansion of the solar PV supply chain is enabling the manufacturing necessary to meet the demands of the growing industry.