What’s procurement? Procurement refers to the process of obtaining goods or services from external sources, typically through purchasing or contracting. It involves identifying the need for a particular product or service, determining the specifications, evaluating potential suppliers, negotiating contracts, and…
The food and beverage industry faces several unique supply chain challenges that can impact the efficient movement of products from suppliers to consumers. Here are some common challenges: Addressing these challenges requires proactive measures such as implementing robust quality control…
What’s procurement software? Procurement software, also known as purchasing software or e-procurement software, is a type of business software that helps automate and streamline the procurement process. It allows organizations to manage their procurement processes more efficiently, from identifying and…
Blockchain technology is a decentralised, distributed ledger system that records transactions across a network of computers. Each transaction, or “block,” is linked together in chronological order, creating a secure and tamper-resistant chain of data. PROS Security Blockchain uses cryptographic techniques,…
ChatGPT is making headlines more and more. One of the many curiosities concerns the song written in the style of Nick Cave, which the author himself called crap, I completely agree! Cave is right, the song sucks very much!! So,…
Mathematics is a fascinating field with many amazing facts and concepts. Here are some interesting facts about mathematics: These are just a few examples of the many intriguing aspects of mathematics. The field of mathematics is vast, with numerous unsolved…
Not everything that is claimed to be powered by AI actually utilises genuine AI technology. Sometimes the term “AI” is used loosely or inaccurately to describe certain technologies or features that may not truly exhibit the capabilities of artificial intelligence.…
When a piece of software becomes an industry standard, it means that it is widely adopted and recognised as the preferred or dominant solution within a particular industry or domain. Here are some factors that contribute to a software becoming…
In my 35-year professional career, I’ve specialised in providing IT, Project Management, Business Engineering, and AI services under a white label agreement, which means keeping strict confidentiality about who my customers are and any other service companies involved, and thus…
Why is the notion of field so important in business? Well, I’d better rephrase: Why is the notion of field so important in business engineering? Okay, this may appear unusual at first glance, but it isn’t! As a business engineer,…