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The Future of Operations in the Robotic Age Sydney

HfS Research organizes the FORA Summits, international events focused on the Future of Operations in the Robotic Age.

The FORA Summits bring together an exclusive and unique mix of key industry stakeholders, who work together to develop a clear vision for the future of operations, and learn how to manage the transition for their companies and industries. The agenda focuses on major innovations impacting business operations, such as automation, artificial intelligence, blockchain, digital business models and smart analytics.

The Future of Operations in the Robotic Age Summits

HfS Research organizes the FORA Summits, international events focused on the Future of Operations in the Robotic Age.

The FORA Summits bring together an exclusive and unique mix of key industry stakeholders, who work together to develop a clear vision for the future of operations, and learn how to manage the transition for their companies and industries. The agenda focuses on major innovations impacting business operations, such as automation, artificial intelligence, blockchain, digital business models and smart analytics.

Another Brick in the Wall, Part 1: The Show Must Go On

Posted: 03/02/2018 - 01:27

Alignment to business needs during the Request for Proposal (RFP) phase of any sourcing event is critical, but perhaps more so when it comes to capital building projects given some of the changes procurement professionals face within their stakeholder community. In most companies, the plant facility's engineering teams are composed of lifelong veterans within the industry who have executed numerous projects – some successful and others, well, not so much. This inconsistency of results tends to make these individuals rather risk adverse and fixed in a traditional way of thinking.

Teaching – and Talking to – Robots: The Benefits of Cognitive-Enabled RPA

Posted: 03/02/2018 - 01:04

Robotic Process Automation (RPA) tools are being widely adopted across a wide range of enterprises and industries. By executing narrowly defined, repeatable tasks, RPA bots can drive dramatic productivity increases and significant cost reductions. For as little as $10,000 to $15,000 a year to deploy and maintain, a single bot can perform the routine, administrative tasks of five to ten people. 

Minimizing Risk in the Outsource Model

Posted: 02/22/2018 - 05:53

2018 is not the first time our industry has come under fire. It’s had a colourful history from tales of cost-cutting to ethical arguments around driving labour arbitrage. Outsourcing has often been misunderstood and the whole industry blamed when things go wrong. But with the recent, spectacular collapse of Carillion we are seeing a renewed attack from certain corners in relation to the “failure of outsourcing.” A grand, sweeping statement, but is there any truth in it? 

Procurement with a Purpose

Posted: 02/10/2018 - 02:23

A few years ago, companies used purpose to differentiate. It was an edge over their competition, something that was applauded by consumers. Today, it’s the expectation. Businesses want to not only do well for their companies, they also want to make a difference in the world, and between modern slavery and extreme poverty, the supply chain is the ticket. We’re living in an age where supply chains are becoming more and more complex and what you can’t see can hurt you. 

Software Supplier Management: The Gold Standard

Posted: 02/10/2018 - 01:50

Between budget cuts and complex contract language, managing IT spend and relationships with software vendors can prove to be quite challenging, especially if you’re not in a position with leverage. With new technology constantly being introduced to the market, best-in-class procurement teams understand the importance of being in a position with leverage – allowing the business to be in control of the vendors’ influence and the ability to evaluate alternatives.

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