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How companies can align their materials strategy to the SDGs

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The way we produce, (re)use and dispose of or recycle our materials has an impact on nearly every one of the United Nations Sustainable Development Goals (SDGs), a collection of 17 global 2030 goals introduced by the United Nations in 2015. Also known as the Global Goals, the SDGs were designed to be universal (for both developed and developing countries), holistic (people-centered and planet-sensitive) and measurable. They include 169 targets and aim to end poverty, protect the planet and ensure prosperity for all. For the textile industry, "SDG 12: Responsible Consumption and Production" is a gateway to many of the other SDGs. More sustainable cultivation of cotton, wool, wood and other natural raw materials aligns with the "Zero Hunger" and "Life on Land" goals. Converting to renewable energy and deploying cleaner technologies in the fiber processing stages have a positive effect on the "Clean Water and Sanitation," "Industries, Inno...

Artificial intelligence will become essential for future businesses

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By Moris Beracha .- Years ago, Artificial Intelligence (AI) left the realm of science fiction to enter our lives and, although it is still in the early stages, its rise will lead to a boom comparable to the advent of the Internet in the past. According to experts, this technological innovation “is the combination of algorithms to create machines with human-like skills”. Faced with this reality, the leader in delivering enterprise software, IFS, announced the connection of new AI-enabled and collaborative integrated systems with tailor company systems to gain the crucial intelligence of larger financial markets and industries in real time, delivering massive financial and strategic value by 2019. “Systems like IFS Enterprise Operational Intelligence (EOI) will become essential as large corporations become more entwined with world markets and the pressure to turn data investments into value increases,” said Steve Treagust IFS Global Industry Director for Finance, HCM ...