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What if Your Supplier Had a Yelp Review?

Supply Chain Game Changer

We make buying decisions and investments on a daily basis, in our private lives, based upon a plethora of information, insights & data sources. But, we rely on our ERP systems & spreadsheets to manage tactical and strategic buying decisions when we walk into the office. Why it’s important to rate suppliers.

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Mintec Versus Beroe: Are AI COG Savings Real And Sustainable Beyond Year One

Procurement Insights

In other words, like secret recipes and other competitive advantages, actual data-driven savings through more strategic buying decisions are a closely kept secret. “How is historical data used and why is it important? ” Savings of 5 -15% is quite a range.