While overcoming the internal company culture seems to be the biggest obstacle, according to Healey’s survey, it’s no easy task for IT when it comes to the technical either.
The Electronic Data Interchange (EDI) standards have been around since 1980, starting with invoices and orders, but they have evolved and expanded into much more. There are [...]

Continue reading about Sharing Data Improves Customer Relationships and Corporate Efficiency. So Why Is It So Hard To Implement? Part 2

In my last post, I talked about accurate, timely and relevant data being the key to the procurement professional’s effectiveness and how having the right data analysis tool is now vital for most procurement tool bags.
As I mentioned before, there are two groupings of data analysis systems on the market so it is important to [...]

Continue reading about The Technology of Procurement – Part 2: The Alpha and Omega – Data Analysis