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Reducedcosts —By intelligently automating business processes, organizations eliminated the time employees spent doing accounts payable, inventorymanagement, customer service, and other important tasks. Time and effort saved also meant a reduction in related costs. Put Cloud RPA to Work for You 2022.
We saw this happen between Dole and Walmart in 2022 when a particular brand of lettuce—Ocean Mist Farms brand Romaine Hearts—had to be recalled. If the store can embed that data point back into its inventorymanagement system, it will be able to better align supply and demand for individual items.
This model is particularly popular among companies looking to reducecosts while dramatically accessing a vast talent pool. Gartner's 2022 research indicated that “cultural differences” posed a significant challenge for 58% of organizations engaged in offshore software outsourcing relationships.
In fact, in a 2022 survey , 73% of consumers said that traceability is important to them. Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times. And global sourcing provides businesses with access to less expensive resources in low-cost regions.
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