Generative AI (GAI), a new and promising aspect of AI, is able to create content, such as, text, image, music, code, and speech, by learning from and using existing content and data. It is the latest “game changing” buzz. ChatGPT, DALL-E, Jukebox are examples of text, image, and music lyrics generating GAI applications. The content …
Supply chain management is the conscious effort to ensure that inbound and outbound goods and supplies are delivered most efficiently and effectively. Here we discuss effective Supply Chain Management for SMBs. Small and Medium sized Businesses (SMBs) encounter significantly different challenges in managing and maintaining their supply chains when compared to larger businesses. Many SMBs …
Introduction: Robotic Process Automation (RPA) is a business process automation technology based on software robots (bots) or artificial intelligence (AI)/digital workers. RPA is software module robots, a digital workforce, in contrast to hardware robots used in manufacturing production lines or warehouse pick-and-place tasks. RPA is often used to automate repetitive manual processes. RPA in 3PL …
In this Whitepaper we identify current state of revenue cycle management (RCM) in Healthcare and prognosticate key trends and innovation scope. We believe, these trends are position focal points for Healthcare organizations to alleviate RCM revenue leakages. We first provide a short preview of the current state of US Healthcare and the impact of Covid-19. …
Revenue Cycle Management: Trends and Innovation Scope Read More »
Digital transformation is now a watch-word in business and its application is widely claimed to improve revenue growth, operating, and customer experience. However, digital transformation not done right, often results in failed promises. Ask for a digital transformation definition, and one is likely to receive many different answers. We define digital transformation as the use …
Sensible digital application improves margins and cash position Read More »
Digital integration is a new emerging capability. Generally, this is understood as integrating internal organizational functions and externally with customers, suppliers, and partners. It is postulated that digital integration will deliver a superior customer experience due to the collective power of a digitally responsive organization. Digital integration is applicable for both product and service delivery; …
Digitally Connected Organization, Supply Chain, and Customers Read More »
Healthcare delivery costs and care quality care continue to be hurdles in the US healthcare system. There are various contributors to this problem: lack of standardization of systems and processes, process and system integration gaps between care providers, deficiencies in care management across patient care continuum, legacy payment models, are some. While the system suffers …
Covid has forced a rethinking of the complete supply chain including immediate suppliers and tiered networks. Digital capabilities are also accelerating the transformation of supply chain business models. Many retailers, product and component suppliers, and OEMs have pivoted to various services, such as, on-line order with store or curbside pick-up, direct fulfillment to stores, and …
Recently I had my first telemedicine session for a regular physical. I was called from my PCPs office initially to schedule an appointment. I was told that a few minutes prior to the scheduled time, I would receive a text message, from my PCP, with a link on my mobile phone. Clicking the link would …
US and global organizations face a progressive threefold workforce challenge with digitization: (i) a younger pool of entry and mid-levels entering the workforce; (ii) a mature workforce; retire-ready within the next few years taking their expertise and knowledge with them; (iii) rapid advances in new technology and capabilities, such as, Cloud and AI. Covid-19 has …