The Role of Analytics in Fulfilling Procurement's Widening Mandate
Today's procurement is not only about delivering savings. Procurement's mandate has widened to cover supplier risk, diversity, and sustainability topics. Data has become the centerpiece of value creation in these domains, and procurement's access to and familiarity with this data puts them in the best position to impact development. Modern analytics tools are required to maximize the value of these data assets.
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Today's procurement is not only about delivering savings. Procurement's mandate has widened to cover supplier risk, diversity, and sustainability topics. Data has become the centerpiece of value creation in these domains, and procurement's access to and familiarity with this data puts them in the best position to impact development. Modern analytics tools are required to maximize the value of these data assets.