Remove 2007 Remove Big Data Remove Procurement Remove System
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The expanding scope of procurement analytics: Some initial thoughts

NC State SCRC

Procurement analytics, which supports decision making in procurement management, typically handles problems and decisions that are related to cost reduction, supplier management, cost modeling, procurement-led innovation, market strategies, supply chain risk, and stakeholder value improvement (Handfield, Jeong, and Choi 2019).

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Lifting The Gray Curtain

Supply Chain Shaman

As such, they serve the business leaders as a system of record for planning information, but they do not serve the core user very well. The supply chain investments of the last decade focused on improving black & white processes–order-to-cash and procure-to-pay. Software robots need adult supervision through learning systems.

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Seasoned Leadership in Action™ – An Interview with Stephany Lapierre, CEO at tealbook!

Supply Chain Game Changer

I launched my second business, a strategic sourcing and procurement consulting firm in 2007. That company grew organically and supported over 100 companies ranging from Fortune 100 companies to fast growing businesses building their first procurement function. procurement #purchasing #supplychainmanagement.

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Growing Challenges in Supplier CSR Monitoring are Being Met with Powerful Digital Solutions

EcoVadis

This is creating a ‘triple-whammy’ of imperatives for procurement teams — and their trading partners — to monitor and manage risk, while at the same time exposing new sources of value that will be the key differentiators in the future. Additional data such as sustainability indicators, can be attached at each step in the chain.

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Why Your Approach to MDM Matters: Single Domain MDM Versus Multidomain MDM

HICX Solutions

Traditionally, MDM solutions have been largely focused on product or customer data ‘domains.’ 1] Alex Berson and Larry Dubov, Master Data Management and Customer Data Integration for a Global Enterprise. McGraw Hill, 2007. This results in bad data, wasted time and increased cost. Single version of truth.

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Why Your Approach to MDM Matters: Single Domain MDM Versus Multidomain MDM

HICX Solutions

Traditionally, MDM solutions have been largely focused on product or customer data ‘domains.’ 1] Alex Berson and Larry Dubov, Master Data Management and Customer Data Integration for a Global Enterprise. McGraw Hill, 2007. This results in bad data, wasted time and increased cost. Single version of truth.

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Supply Chain Operating Networks Create Supply Chain Rockstars

Talking Logistics

Third, any changes required in the ERP system usually require resources that are already backlogged with unfulfilled requests. This network-wide visibility, along with business intelligence and analytics capabilities, creates an inter-enterprise system of record that enables faster and smarter business decisions.