Pat Mitchell is President of P. D. Mitchell Inc., a Procurement Consulting Practice, and Sr. Advisor, McKinsey & Company, Consumer Operations - Procurement...
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"That's what we have always done," won't achieve innovation. Today's business environment is volatile and complex. The tactics adopted over the last 30 years are no longer effective. Business...
Using a category management approach may seem tedious, tactical and overly detailed. Yet, it can yield results that are better than expected. This was the case with Tempur Sealy International (TSI...
"Advances in robotics, cognition, artificial intelligence, and machine learning are ushering in a new era of automation. Machines can now match or outperform humans across a range of activities in...
"Companies know where they want to go. They want to be more agile, quicker to react, and more effective. They want to deliver great customer experiences, take advantage of new technologies to cut...
"Cognitive technologies are transforming capital markets. Once the preserve of IT experts, they are now moving to center stage—offering enhanced speed, accuracy and efficiency, and creating 20 to...
"Automation has great potential to create value—but only for businesses that carefully design and execute it. Encouraged by the much-vaunted potential of automation, organizations around the world...
"Technologies available today could automate more than half of the sourceto-pay process. The potential? Lower procurement costs, greater savings, and more opportunities to pursue new sources of...
"Automation is the focus of intense interest in the global banking industry. Many banks are rushing to deploy the latest automation technologies in the hope of delivering the next wave of...