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Streamline Supplier Onboarding and Data Management with Supplier Management Software

ProcurePort

Effective supplier management is crucial for businesses to maintain smooth operations in their supply chain and drive growth. However, the process of onboarding new suppliers, gathering their information, and managing supplier data can be time-consuming and prone to errors when done manually.

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Product lifecycle management for data-driven organizations 

IBM Supply Chain Blog

In a world where every company is now a technology company, all enterprises must become well-versed in managing their digital products to remain competitive. In other words, they need a robust digital product lifecycle management (PLM) strategy. Data is an asset, but to provide value, it must be organized, standardized and governed.

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Integrating AI into Asset Performance Management: It’s all about the data

IBM Supply Chain Blog

Imagine a future where artificial intelligence (AI) seamlessly collaborates with existing supply chain solutions, redefining how organizations manage their assets. Let’s look at some of those challenges to generative AI for asset performance management. Undoubtedly. But what if you could optimize even further?

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How Supply Chain Organizations are Leveraging Data Analytics to Improve Risk Management

Supply Chain Brain

Supply chain organizations that prioritize safety and risk management through data analytics, telematics, and newer equipment position themselves as competitive leaders.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity.

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Data breach prevention: 5 ways attack surface management helps mitigate the risks of costly data breaches

IBM Supply Chain Blog

Organizations are wrestling with a pressing concern: the speed at which they respond to and contain data breaches falls short of the escalating security threats they face. An effective attack surface management (ASM) solution can change this. What’s more, it took 277 days to identify and contain a data breach.

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DATA! AI don’t need no stinkin’ DATA!

Procurement Insights

Both Supplier Discovery and Contract Management surfaced as the lowest-hanging fruit for the fastest win. However, one line from the above excerpt that does require some clarification, is the conclusion reached by the panel’s recommendation “ to avoid AI projects that involve dependency on clean data.

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Leveraging Data Analytics to Build a Truly Connected and Collaborative Supply Chain

This GEP-sponsored report will show you how to leverage data for a collaborative supply chain that delivers results and how to future-proof supply chain management strategies. The C-suite is laser-focused on supply chain performance.

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How to Avoid the Pitfalls of Contract Management in Telecom & High-Tech

The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly. What can CPOs do to ease the contract management burden?

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.

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The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment

From new pricing strategies and material substitutability to alternative suppliers and stockpiling, a new GEP-commissioned Economist Impact report reveals that enterprises are adopting a variety of approaches underpinned by data and technology.

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How ZoomInfo Enhances Your Database Management Strategy

It's quite a process for marketing teams to develop a long-term data management strategy. It involves finding a data management provider that can append contacts with correct information — in real-time. Not just that, but also ongoing data hygiene efforts to keep the incoming (and existing) information fresh.

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GEP Procurement & Supply Chain Tech Trends Report

2024 GEP Procurement & Supply Chain Tech Trends Report — explores the biggest technological trends in procurement and supply chain, from generative AI and the advancement of low-code development tools to the data management and analytics applications that unlock agility, cost efficiency, and informed decision-making.

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Forrester Research Report: How Sales and Marketing Intelligence Drive Improved Business Outcomes

Fact: Only 8% of sales and marketing professionals say their data is between 91% - 100% accurate. of companies achieved a score indicating maturity in data management practices in the space.". B2B organizations struggle with bad data. The primary takeaway? Forrester found “only 1.2%

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Best Practices for a Marketing Database Cleanse

Multiple industry studies confirm that regardless of industry, revenue, or company size, poor data quality is an epidemic for marketing teams. As frustrating as contact and account data management is, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information.