How to apply data analytics and shorten procurement cycle times

Big Data Analytics: Big Strategic Insights

Cover

Procurement departments have access to internal data such as contracts, as well as external data such as supplier databases.

With the right data analytics platform and tools, it’s possible to tie those 2 types of data together. This way, you can get a full view of the supplier market.

Delve into 6 ways you can apply analytics to procurement that can make you:

  • Proactive rather than reactive
  • Mitigate supplier risk
  • Identify changing market conditions early
  • Shorten procurement cycle times
  • And more
Vendor:
GEP
Posted:
01 Feb 2018
Published:
31 Dec 2017
Format:
PDF
Length:
4 Page(s)
Type:
White Paper
Language:
English
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