This conference has been postponed to Fall 2020.
OECM will be presenting the concurrent session:
Empowering Strategic Procurement by Leveraging Business Intelligence and Data Analytics
Pooja Nagra, Director, Supplier Relationship and Management and Rupa Gill, Director, Sourcing Solutions – OECM
High-quality analytics and business intelligence (BI) processes are major drivers to enable strategic procurement and strengthen an organization’s performance and competitive advantage. Collecting and analyzing data related to the procurement landscape, market intelligence, supplier performance measurement and historical spend can be challenging. It requires commitment, expertise, time and resources. Over the last few years, OECM has taken bold steps in developing a strategic roadmap to leverage data and the use of procurement analytics. Throughout the session, OECM will showcase how the organization has approached this initiative, challenges encountered, quick wins and achievements.
Learning Objectives:
- OECM’s journey in transitioning to strategic procurement by leveraging data throughout the procurement and supplier relationship management;
- ‘Poor data versus good data’ – how to identify good data and its impact;
- Insights on BI processes and tools OECM uses to gather/analyze data to streamline sourcing activities;
- Why a dashboard and key performance indicators is a must to address procurement challenges;
- How to establish a Supplier Recognition Program to engage 200+ supplier partners in achieving key performance metrics
More Details: Conference Website, Program
