FOUR KEY INSIGHTS : GEP GLOBAL VOLATILITY INDEX DECEMBER 23
An indicator for global procurement , purchasing and supply chain professionals and leaders about the ongoing conditions , shortages , transportation costs , inventories and backlogs , GEP ’ s Global Volatility Index for December is showing low demand and persistent weakness in the global economy .
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MICROSOFT EXPANDS PROCUREMENT OF RENEWABLE ENERGY
Microsoft has entered into a module and engineering , procurement and construction ( EPC ) services agreement with clean energy solutions provider Qcells as part of an eight year alliance . The 12 GW agreement is designed to help decarbonise the grid and diversify the global clean energy supply chain .
THE GLOBAL PROCUREMENT & SUPPLY CHAIN AWARDS 2024 DEBUT
Procurement Magazine and Supply Chain Digital launches The Global Procurement & Supply Chain Awards in 2024 . Continuing to expand its content platforms , the comprehensive programme will acknowledge companies , professionals and projects that have demonstrated exceptional performance , innovation and strategic thinking .
GARTNER : HALF OF SUPPLY ORGANISATIONS TO IMPLEMENT GEN AI
Latest Gartner survey reveals that 5.8 % of budgets on average will now be invested in Gen AI technology . This is also being backed up with an investment in talent , as 65 % of survey respondents said they plan to hire dedicated staff and experts to help deploy the technology in 2024 .
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