Gain insights into the possibilities that data analytics can provide.
Supply chains are more global, significantly more complex, and subject to greater disruptions. Data used by procurement professionals is typically historic and doesn't provide them with a complete picture of the performance of their supplier network. As a result, they are often surprised by failures in performance by that network which impacts cost, customer satisfaction, and quality.
Data analytics, while not a new topic, is an evolving field. Procurement professionals can benefit from a well-thought-through plan to apply new and existing technologies to help them better understand real-time network performance and the performance of their primary and secondary suppliers. Predictive analytics allows procurement professionals to anticipate performance gaps and respond sooner to them. Every company can build upon a core set of analytics to model the needs of its supply chain. This webinar will provide procurement professionals with insights into the possibilities that data analytics can provide for their function.
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