Current Situation
Procurement teams must manually aggregate data or use partially developed SRM systems to view the entire supply base and understand their life cycle within the enterprise. Historical and non-real-time data does not provide an accurate picture nor provide enough views to understand the current and possible future state of suppliers.
Goals and Objectives
Completely automate the current manual and semi-automate the supply base life cycle to provide more intelligence on the suppliers and their importance to the business.
Technology Deployed
Enterprise hardware, personal devices, cloud, Big Data/analytics, mobile, applications, connectivity services, cognitive/AI, next generation security, RPA, and IPA
Use Case Summary
Automated real-time views of the entire supply base from supplier onboarding to current, previous, and upcoming workloads to at-risk suppliers to retired or not-in-current-use suppliers to help procurement to manage its supply base continuously (Up-to-date current information that can be modeled for future requirements will help procurement be more proactive in making better and more intelligent decisions.)