Current Situation
Organizations monitor suppliers with point-in-time historical performance information, which is disparate and must be understood as a whole, manually integrated, and viewed; this process wastes time and money.
Goals and Objectives
Monitoring suppliers in real time on a continuous basis using internal and external data, eliminating the need for manual historical information views
Technology Deployed
Enterprise hardware, personal devices, cloud, Big Data/analytics, mobile, applications, connectivity services, cognitive, next-generation security
Use Case Summary
Real-time digital dashboards and metrics account for internal and external data feeds, allowing enterprises to see all performance KPIs for suppliers and understand its supply base; businesses can project future performance, deriving improved supplier relationships and supplier source selection.