Current Situation
For any function or business process, collecting, capturing, and disseminating information is a daunting challenge. In some cases, different areas of the business do not communicate well with each other (particularly true in global organizations); in other cases, efficiencies may go underappreciated. Either way, the ability to learn from good practices remains inconsistent.
Goals and Objectives
Intelligent operational efficiencies capture automates the capture of efficiencies in terms of both making sure they are “counted” and making sure that the learnings are disseminated across the breadth of procurement.
Technology Deployed
Enterprise hardware, personal devices, cloud, big data and analytics, mobile, applications, connectivity services, cognitive, and blockchain
Use Case Summary
Intelligent operational efficiencies capture is the ability to understand both tactical and operational procurement process efficiencies through the use of digital technologies to identify, record, and disseminate learnings in real time. Efficient and effectiveness are reasonable outcomes.