Procurecon Indirect West 2015 (past event)
September 28 - 30, 2015
Array
Dorian Williams
Director, Head of Indirect Procurement
Broadcom
Check out the incredible speaker line-up to see who will be joining Dorian.
Download The Latest AgendaDay 1: Monday, September 28, 2015
Sunday, April 9th, 2017
09:35 Big Data & Business Analytics — What Does It Mean For Procurement?
Many people are grabbing onto the terminology of “big data.” What does that really mean? This interactive session will get you thinking about making data-driven procurement decisions to better analyze your spend and save money.
• What really is “big data” in a Procurement context (that enables sourcing managers to make better decisions)?
• Utilizing a Spend Analytics tool to analyze your spend and to direct your resources to the areas of highest spend (with the theory that you save more money where it is spent).
• Predictive Analytics — where else should we be using business analytics to make better sourcing decisions?
• Anticipating and seeking data to optimize, simulate and/or create decision models to look over the horizon and to create business solutions that are truly a competitive advantage
• What really is “big data” in a Procurement context (that enables sourcing managers to make better decisions)?
• Utilizing a Spend Analytics tool to analyze your spend and to direct your resources to the areas of highest spend (with the theory that you save more money where it is spent).
• Predictive Analytics — where else should we be using business analytics to make better sourcing decisions?
• Anticipating and seeking data to optimize, simulate and/or create decision models to look over the horizon and to create business solutions that are truly a competitive advantage