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When presented by the new Supply ChainDueDiligence Act ( SCDDA) in Germany, PwC realized their clients would need tools and processes to automate evaluation of suppliers. PwC set about building an innovative application to check the clients’ valuechain. This is even more important with the upcoming EU’s CSDDD.
and AI to make their supply chain more resilient, many are still in the pilot phase,” Saueressig said, citing discussions with CEOs and results of a study by Oxford Economics. Earlier this year, analysts asked nearly 1,000 people around the world in management from 15 industries about the digitization of their supply chains.
It is, in fact, a law born in the era of big data, including personal and commercially valuable data, with thepotential to bring competitiveness to the EU, provided its managed in a way that protects the rights of businesses and individuals. In practice, its the framework of rules from which a data-driven company can take flight.
Since the rise of ESG backlash , investors have had to establish their own duediligence processes to vet whether a corporation was being honest in its labeling. And for investors, duediligence only goes so far in revealing how altruistic a company’s ESG initiatives truly are.
To keep up with the speed of the shifting market, asset managers rely on consolidated market intelligence to power 360 degree insights on how their portfolio is performing, in order to inform better investment decisions and pivot strategically. What is an expert’s opinion on a target company’s viability?
At the same time, the oil and gas industry has undergone a digital transformation, with companies racing to integrate advanced technologies and automation throughout their valuechains, so as to remain competitive. Overall, the industry enters this year well poised for success , with a strong financial position and high oil prices.
Finally, leadership in manufacturing companies is becoming aware of how generative AI can contribute to better decision-making by analyzing vast amounts of historical data in seconds—such as market trends, customer feedback, and inventory management—and generating insights that manufacturers can then use to optimize strategy and operations.
Management Claims – Public company managers tend towards rosy interpretations of their business prospects, or maybe it’s more fair to say they have a fiduciary responsibility to be positive about their business. The valuechain is a little different in tech.
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