Latest news with #DeloitteConsulting
Yahoo
2 days ago
- Business
- Yahoo
BlackLine (BL) Bolsters Board with Sam Balaji
BlackLine, Inc. (NASDAQ:BL) is one of the 13 best software stocks to buy now. On June 16, the company confirmed the appointment of Sam Balaji to its board of directors. Balaji joins the board with over three decades of global leadership experience, having served as Deloitte Consulting CEO for 28 years. Nonwarit/ Balaji will bring exceptional experience to BlackLine, having overseen over 100 mergers, acquisitions, and investments. The company's CO-CEO, Therese Tucker, has already touted his strategic thinking abilities and ability to unlock growth. His appointment comes as the company expands its platform capabilities for chief financial officers, focusing on intelligence across financial processes. In addition, BlackLine delivered solid first-quarter results as non-GAAP earnings per share totaled $0.49, beating consensus estimates of $0.38. Revenue in the quarter was up 6% year over year to $166.9 million, beating consensus estimates of $166.7 million. BlackLine, Inc. (NASDAQ:BL) provides cloud-based software that automates and streamlines businesses' financial close and accounting processes. It focuses on financial close and consolidation solutions, accounts receivable, and inter-company accounting. While we acknowledge the potential of BL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Best Healthcare Stocks to Buy Now and 10 Stocks Analysts Are Upgrading Today. Disclosure: None. Sign in to access your portfolio
Associated Press
04-04-2025
- Business
- Associated Press
Driving the Digital Future of Supply Chains: The Vision of Dilip Kumar Vaka
In the rapidly evolving global marketplace, supply chain management is experiencing a profound digital transformation. Leading this shift is Dilip Kumar Vaka, a renowned expert in Systems, Applications, and Products in Data Processing (SAP) supply chain solutions. With over 18 years of experience, Vaka has emerged as a trailblazer in digital innovation, reshaping business operations with advanced technologies. As a master of technology who has worked at several top consulting firms across the world, Vaka has been instrumental in revolutionizing supply chain strategies, streamlining operations, and enabling businesses to harness the full potential of digital advancements across industries. Vaka has worked for nearly 11 years at Deloitte Consulting. Throughout his career, he has played a pivotal role in transforming global manufacturing, retail, and food supply chains by leveraging SAP enterprise resource planning (ERP) solutions, advanced automation, and artificial intelligence-driven analytics. Before joining Deloitte, he worked with Tech Mahindra for nearly seven years, where he made significant contributions to large-scale supply chain projects, particularly in optimizing SAP S/4HANA implementations for multinational clients. His deep expertise in SAP has led to transformative improvements in inventory management, warehouse operations, and procurement processes, making him a sought-after expert in the field. Vaka's notable projects include implementing SAP-based warehouse management systems that improved inventory accuracy and reduced operational costs. Additionally, he has developed comprehensive training programs, empowering supply chain professionals to leverage SAP systems effectively for global clients across the world. Redefining Supply Chain Management Traditional supply chains relied on manual processes and siloed systems, leading to inefficiencies. The evolution of ERP systems integrated core functions like procurement, logistics, and inventory management, but with globalization and real-time data demands, traditional ERPs faced limitations. Vaka has embraced AI, the Internet of Things (IoT), and cloud computing, pioneering new solutions to drive efficiency and accuracy in supply chain operations. Contributions to Supply Chain Digitalization Vaka has spearheaded multiple initiatives integrating AI and IoT into SAP ERP systems, enabling real-time tracking, predictive maintenance, and precise demand forecasting. His initiatives have resulted in significant cost reductions and operational efficiencies. Key contributions Transitioning from On-Premises ERP to Cloud-Based Platforms: Enhancing scalability, global data sharing, and real-time decision-making. Integrating Financial Insights into Supply Chain Operations: Optimizing cash flow and inventory management. AI-Powered Inventory Management: Implementing predictive analytics for demand forecasting. Intellectual Property & Patents Vaka's innovations have led to patented technologies. AI-Enabled Barcode Scanner for Warehouse Items: Enhancing real-time inventory management and reducing manual errors. Intelligent IoT-Based Cloud Networking System: Optimizing real-time data processing for industrial applications. Edge AI-Enhanced Broadband Router System: Improving security and efficiency in industrial networks. Research With over 24 published research articles and more than 400 citations, Vaka's expertise spans predictive analytics, AI-driven forecasting, and supply chain efficiency. His research offers insights into optimizing inventory levels, reducing operational risks, and enhancing supply chain transparency. Notable publications Books Beyond his corporate achievements, Vaka is an active researcher and a prolific author, continually contributing to the advancement of supply chain methodologies. He has published two books on supply chain management, available on Amazon, where he shares his insights on modern supply chain challenges, digital transformation strategies, and best practices in ERP. His commitment to education and mentorship extends beyond writing—he is actively involved in international supply chain organizations, where he educates and guides professionals on advanced methodologies, emerging technologies, and strategic innovations in the field. Through his research, publications, and thought leadership, Vaka continues to shape the future of supply chain management, helping organizations achieve greater efficiency, resilience, and profitability. Global Impact & Industry Recognition Vaka has successfully led major global supply chain projects, delivering automation, efficiency, and innovation. Transforming a Global Retailer's Supply Chain: Implemented AI-integrated SAP ERP, reducing stockouts and improving customer satisfaction. Revolutionizing Manufacturing Operations: Designed a cloud-based supply chain platform, cutting costs and enhancing data integration. His contributions have earned him a prestigious award—Asian-African Researcher of the Year 2024—for his research done on the supply chain industry. Among the many awards he has received, some stand out for their significance. For instance, Vaka was honored with the Supply Chain Innovator Award for his work on integrating AI and machine learning with SAP systems. This award recognized his pioneering efforts in using technology to drive supply chain innovation and improve business outcomes. Similarly, he received the Thought Leadership Award for his contributions to academic research and his influence on industry practices. Vaka's thought leadership extends to industry conferences such as the Global Supply Chain Summit and the International Conference on Digital Transformation, where he shares insights on AI, IoT, and blockchain applications in supply chain management. These awards showcase Vaka's impact on the industry and his role as a thought leader in the field. They also serve as an inspiration to others, encouraging them to strive for excellence and push the boundaries of what is possible in supply chain management. Future Vision & Sustainability Focus Vaka continues to drive next-generation supply chain innovations. Memberships Vaka also has memberships in different organizations where he is an active reviewer and contributor, helping the industry-specific experts in suggesting and improving the standards of scholarly journals. He is a forward-thinking leader who continues to push the boundaries of supply chain management, keeping it at the forefront of innovation. His work highlights how technology can reshape industries and make a real difference in people's lives, leaving a lasting impact that will be felt for years. Vaka's journey isn't just about personal success—it mirrors the broader evolution of supply chain management itself. By combining technology, strategy, and strong leadership, he has shown that remarkable results are possible, proving that the right approach can drive meaningful change in the world. Media Contact
Korea Herald
18-03-2025
- Business
- Korea Herald
APEC Summit in Gyeongju to boost economy by W7.4tr: KCCI
The Korea Chamber of Commerce and Industry, in collaboration with Deloitte Consulting, has projected that the upcoming Asia-Pacific Economic Cooperation Summit in Gyeongju, North Gyeongsang Province, in October will generate an estimated 7.4 trillion won ($5.1 billion) in economic benefits. According to an analysis released on Tuesday, the short-term direct effects -- including economic stimulation and increased domestic consumption -- are expected to amount to 3.3 trillion won. Meanwhile, the medium-to-long-term indirect effects, encompassing economic and social benefits, are estimated to reach 4.1 trillion won. Additionally, the summit is expected to create about 22,634 jobs. To maximize APEC's economic impact and invigorate regional industries, KCCI is planning a series of events, including the Future Tech Summit, which will highlight cutting-edge technology; the K-Tech Showcase, where Korean companies will exhibit their technological capabilities; and a Learning Program aimed at fostering cultural exchange and networking. APEC, an international forum established to enhance economic cooperation among countries in the Asia-Pacific region, comprises 21 member economies. During the APEC Summit, KCCI will host the APEC CEO Summit, a high-profile gathering of global business leaders and government representatives, as well as meetings of the APEC Business Advisory Council. To ensure the smooth execution of the events, KCCI has established the APEC CEO Summit Organizing Committee and the ABAC Korea Secretariat. KCCI Chairman Chey Tae-won, who is also chairman of SK Group, visited Gyeongju on Monday to oversee preparations for the 2025 APEC CEO Summit. Chey, who chairs the 2025 APEC CEO Summit, conducted a two-day inspection of the summit venues, accompanied by KCCI Vice Chairman Park Il-jun and Seoul Chamber of Commerce Vice Chairman Lee Hyung-hee. During a roundtable discussion on Economic Revitalization through the APEC CEO Summit, attended by North Gyeongsang Province Governor Lee Cheol-woo and Gyeongju Mayor Joo Nak-young, Chey underscored the significance of the event. 'The APEC CEO Summit is a crucial platform where economic leaders of the Asia-Pacific region will gather to discuss future growth and cooperation strategies,' he said. He further stressed, 'I hope local governments and businesses will collaborate closely to ensure that the summit catalyzes a revitalization not only of Gyeongju and North Gyeongsang Province but also the broader regional economy.' Ahead of the meeting, Chey visited the Gyeongju Arts Center, one of the candidate venues for the APEC CEO Summit, where he conducted an on-site inspection of key facilities, including participant accommodations, the welcoming banquet venue and other auxiliary event locations. 'The APEC business event is a critical opportunity to showcase Korea's innovation capabilities and future vision. We will work closely with the government, local authorities, and businesses to ensure a successful and impactful summit,' a KCCI official said.
