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Requis Analytics: Procurement Intelligence

Requis

As data volumes and complexity grow, procurement professionals increasingly recognize the need for accurate and transparent data management. Data has long been a problem for procurement, with 97% of Dun and Bradstreet survey respondents indicating that supplier data management is an area of struggle for their teams.

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

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Is Your Procurement Data Fit for Purpose?

ivalua

Every year, the International Association for Data Quality Governance and Analytics (or IADQGA) runs their Data Quality and Governance study. Among the most valuable topics we addressed was a deceptively complex question: what is quality data? Supply chains are in a battle for data supremacy.

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An Interview on Data sharing for Machine Learning and AI – Procurement Analytics with Dave Food

HICX Solutions

His expertise is wide-ranging, from supply chain logistics, procurement analytics, and marketing through to innovation. Within this scope, Dave discussed with us trends in blockchain , big data, AI, drones, machine learning, and 3D printing. Data: the supply chain’s past, present and future. Everybody owns the data.

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GEP Procurement & Supply Chain Tech Trends Report

And for procurement and supply chain leaders looking to harness the power of technology to navigate complex challenges and an uncertain business environment, keeping up with the latest trends can be its own obstacle. So, what’s on the technological horizon for procurement and supply chain for the year ahead?

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Using Procurement Analytics to Simplify Your Supplier Reconciliation

Logility

However, with a simple software-based supplier reconciliation process using procurement analytics in place, an organization can automate this cumbersome process to save hundreds to thousands of man hours every year. For example, our client focused on critical preferred supplier relationships with high volume to start.

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

Supply chain optimization can achieve this with the help of data analytics. Data analytics helps businesses make data-driven decisions and initiatives. How does data analytics help supply chain optimization? Let’s explore the roles which data analytics play in this process.