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Vendor management: The key to productive partnerships

CIO

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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Key Software Asset Management Tools and Benefits

Apiumhub

Software asset management tools are specialized software applications designed to help organizations manage and optimize their software assets throughout their lifecycle. Usage Tracking: Software asset management tools monitor the actual usage of software applications.

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Software vendors offer AI sales boost for retail at NRF show

CIO

SAP draws on AI for new predictive capabilities SAP is targeting the desire for better demand forecasting with new composable tools being announced at NRF 2024. It’s using AI to simplify stock replenishment and order management in physical and online stores.

Retail 261
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SaaS startup Stimulus closes oversubscribed $2.5 million seed round

TechCrunch

Tiffanie Stanard launched the company in 2017 with a focus on the supply chain, creating a product that provided establishments with the tools and data to choose, compare and form relationships with product suppliers and vendors. Stanard established the company after her own experiences as a buyer and vendor manager.

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JLR revs up AI and intelligent automation initiatives

CIO

AI and IA Over the last five years, Battle says, JLR has learned it needs to pivot toward digital centricity, or, in other words, adopt a data-first approach and position the data, structured or unstructured, in a way that the company can adopt AI and intelligent automation tools to help it make informed decisions.

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How CIOs reinterpret their role through AI

CIO

These aren’t just the basic backup and disaster recovery protocols that already exist, but tools that measure every process and service on business-critical systems to verify they’re performing as expected. But Banca Etica’s IT team communicates the business requirements to the vendor.”

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CIOs still grapple with what gen AI can do for the enterprise

CIO

There’s indeed a lot of hype around the latest wave of large language models (LLM) and associated tools, yet beneath the noise, there’s a whisper about how the technology will one day become indispensable. Artificial Intelligence, Generative AI, IT Leadership, IT Skills, IT Strategy, Predictive Analytics, Supply Chain, Vendor Management