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Global sourcing: Top factors to consider

Sourcing Captain

Today, a large number of organizations resort to global sourcing to reduce their manufacturing costs. However, the decision to globally source should be based on careful considerations. Global sourcing does bring cost advantages, but there are risks that must be evaluated as well. Sourcing agent fees. Costs of delays.

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Two Types of China Sourcing Agent You Need To Know

Sourcing Captain

When it comes to sourcing products from China, it’s important to understand the two types of China sourcing agents available in the market. Individual China Sourcing Agent VS China Sourcing Companies The first type of China sourcing agent is the individual sourcing agent.

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Open source large language models: Benefits, risks and types

IBM Services

There are two types of these generative AI models: proprietary large language models and open source large language models. On the other hand, open source LLMs are free and available for anyone to access, use for any purpose, modify and distribute. What are the benefits of open source LLMs?

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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

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Navigating the New Landscape: How DORA Regulations Will Reshape the Future of Financial Services | Blog

Everest Group

Learn the steps organizations should take to prepare now and discover how the new DORA regulations will strengthen digital operational resilience. The DORA regulations are expected to significantly enhance the digital resiliency of the EU’s financial sector and foster greater stability, consumer protection, and trust.

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The Future of Blockchain in Banking and Financial Services and FinTechs | Blog

Everest Group

Read on to discover the future of blockchain in this blog. Smart contracts are self-executing agreements between parties that use blockchains as their source code. Service providers investing in blockchain capabilities will win in the long run. Another obstacle is the impact blockchain may have on existing systems and processes.

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Promoting Advanced Technologies at COP28 Can Propel Immediate Energy Optimization Action | Blog

Everest Group

Note, this blog is part of Everest Group’s continued coverage of COP28. Navigating COP28: Insights On The Evolving Landscape Of Sustainability | Blog – Everest Group (everestgrp.com) COP28 marks a crucial moment for discussions on moving from fossil fuels to renewables.