Artificial intelligence is now prevalent in the enterprise. Software can automatically clean data, produce prescriptive insights and guide the end user to “the next best action” workflow to capture the opportunity.
The key question that you must answer in your assessment is what are the specific gaps within your organization and from what maturity level (Beginner to Best in Class) are you starting?
CPO, Karoline Dygas joined Nordstrom in 2019, where, among other things, she supports all of the organization’s indirect spend. At Nordstrom, indirect spend is everything outside of the merchandise sold in the stores. Prior to Nordstrom, Dygas spent five years at Starbucks, where she led the Global Sourcing and Store Development Supply Chain, and before that she was senior director of strategic sourcing at Walgreens.
Suplari CEO Nikesh Parekh Discusses why the CPO and procurement function are critical to driving profitability in a post-COVID business environment and builds a case for why CPOs should leverage this opportunity to drive more value and improve their earnings potential.
Profitability is more important than ever — and procurement leaders are more strategic than ever. Procurement is no longer just a cost center, a spender of money made by others in the enterprise. With the right tools and methodology, procurement can maximize every dollar of profit and discover every dollar of cost savings, positioning them to be critical drivers of the bottom line.
Listen to Greg Tennyson, Head of Global Corporate Services at VSP, and Suplari CEO Nikesh Parekh as they discuss Mergers and Acquisitions in the context of analytics tools.
Despite the benefits, many enterprises struggle to effectively run their diversity program. Even when such programs are blessed by Executive sponsorship and have a high priority, enterprises often do not have tools and data to manage a program effectively and efficiently. Let’s look at some of the key problems: