For decades, we’ve placed efficiency at the center of strategy: We’ve run operations as close to full capacity as we can. We’ve ordered from suppliers in ways that are tightly aligned with our production schedules. We’ve worked hard to minimize costs, “sweating assets hard” under the guidance of the CFO, and we’ve delivered financial returns on a quarterly basis. In many ways, this is a system that has worked remarkably well. But as the COVID-19 pandemic has made painfully clear, it has a major flaw: It doesn’t help firms develop resilience.

Automated farming equipment looks a lot more appealing during the pandemic. The U.K. is on it.

What is the current state of best practice in procurement? And what should organizations do to move to the next level? IPG, in partnership with is the world’s largest independent spend management company JAGGAER, is inviting Chief Procurement Officers and other leaders within the discipline to participate in the 2020 Procurement Performance Excellence (PPE) Survey. Global in scope, the subsequent report will be published in the autumn. It will give survey respondents a unique opportunity to discover how their own organizations measure up against current best practices and offer practical guidance on areas where they could improve, across seven focus areas.

Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to artificial intelligence.

The key to good AI is solid data, and that’s been tough to come by in a global health crisis.

"A human user of the artificial eye will gain night vision capability."

Disease diagnosis, drug discovery, robot delivery—artificial intelligence is already powering change in the pandemic’s wake. That’s only the beginning.

Could this neural network really be better at predicting personality traits than humans?

Thinking machines think just like us—but only up to a point.

Reducing supply chain costs is a task that many companies have to deal with on a permanent basis. In addition, customers are demanding ever shorter delivery times.