Tag Archives: Big Data

News You Can Use: 9/16/2015

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  • Strategic Or Tactical: Time To Decide And Act
    If you have been reading this blog for the last two years, I have been shouting this.  This short post sums up my views on strategic sourcing.

    IT could well be an ally too, particularly in efforts to ensure cyber security and take advantage of the analytics possibilities with big data. And engineering could learn to appreciate procurement’s value too. While engineers may think they know the capabilities of some part suppliers, they may not know of the capacity constraints those suppliers have that can prevent them from delivering on time. Procurement should know about those constraints through its studies of the suppliers’ markets and industries.

    http://www.procurementleaders.com/blog/my-blog–paul-teague/strategic-or-tactical-time-to-decide-and-act-563904

  • Screwing up the Screw-Ups in BI

    Right! Except that the Holy Grail of trying to extend a “centralized” database umbrella over completely disparate systems is both incredibly expensive and nearly impossible. Baseline suggests “[partnering] with a reputable systems integrator.” Good for them — at least they dodge this bullet rather than getting the answer completely wrong. The right answer is that business analysts should be able to construct BI datasets on their own, as needed, from whatever data sources are useful/appropriate, and it shouldn’t be difficult for them to do so. Concentrating all of the information under one umbrella isn’t necessary; many umbrellas can do the job, and if they’re easy to deploy, they’re both inexpensive and provide a better and more flexible answer.

    http://sourcinginnovation.com/wordpress/2015/09/03/screwing-up-the-screw-ups-in-bi-repost/

  • 4 Ways to Construct a ‘Data-Innovation’ Map for Your Business

    A data-innovation map can give you a bird’s-eye view of your customers’ experience and show you how you can be more innovative with data — not to mention save time and drive revenue. Without a data-innovation map, you’re likely missing out on places in your strategy where you could more effectively use data and inadvertently give your competition a leg up.

    http://www.entrepreneur.com/article/249437

  • The journey from good to great

    Shrinking the pie also requires procurement professionals to hone and broaden their skill set. I think that one of the best characteristics for someone in procurement is ‘being nosey’ (or to say this more politely, ‘being curious’). This needs to extend and broaden if you are to shrink the pie. You need to be curious not only about the business need, the supply market and the total cost, but also about the interfaces between the supplier and the customer and the supplier and its suppliers.

    http://www.procurementleaders.com/blog/my-blog–caroline-booth/the-journey-from-good-to-great-565670

  • Why You Should Not Build Your Own Contract Management System
    Interesting to see them list the core “must have features”
    http://sourcinginnovation.com/wordpress/2015/09/07/why-you-should-not-build-your-own-contract-management-system/

Photo: Skitter Photo, StockSnap

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Video: Should Competitors Share Information?

In some industries, keeping valuable market data to yourself is not the best way to go.

A Stanford Assistant Professor of Marketing (Pedro M. Gardete) says there are times when pooling information can help you get big picture perspective, avoid market turbulence and build a stronger company in the long run.

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Podcast: IBM: Preserving an Italian Culinary Treasure with Data Analytics

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Parmigiano Reggiano cheese attracts as many foodie admirers around the world as it does imitators. Our business intelligence podcast tells the story of how Northern Italy’s artisan cheese masters are enhancing a 1,000-year old process with data analytics to improve cheese quality, help battle fraud, and protect a venerable brand.

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Video: David Leonhardt: How to Tell Stories with Data

This big boss shared an article this week on the need for a narrative with big data. Then I found this video which ties in very nicely.

Pulitzer-prize winning journalist and editor of the New York Times’ data journalism website The Upshot, David Leonhardt, shares the tricks of the master storyteller’s trade. In conversation with Google News Lab data editor Simon Rogers, he shows how data is changing the world; and your part in the revolution.

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The Supply Chain: 4/8/2015

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  • IBM actually sells off a portion of their supply chain software (not Emptoris) to LlamaSoft:

    Ann Arbor, Mich.-based Llamasoft said it will buy IBM’s LogicNet Plus, the Inventory and Product Flow Analyst, and IBM’s Transportation Analyst products. Llamasoft has been growing fast in recent years due to increased interest in the company’s specialties of supply chain modeling, analytics and optimization. Under the transaction, Llamasoft will absorb the IBM supply chain technology and support team.

    http://www.dcvelocity.com/articles/20150401-llamasoft-acquires-ibms-supply-chain-application-suite/

  • SAP Looks To Procurement Services Market To Boost Revenues, Protect Margins

    Corporate procurement services is a lucrative market that’s already served by software bigwigs like Oracle (NYSE:ORCL) and Salesforce.com (NYSE:CRM). Research firm Frost & Sullivan estimates that the B2B online retail market will grow to $6.7 trillion by 2020 due to rapid adoption of online purchasing platforms. [2] Corporate procurement service providers stand to make billions of dollars in fees by providing cloud-based platforms and management services to facilitate such online purchases by big companies.

    http://seekingalpha.com/article/3046296-sap-looks-to-procurement-services-market-to-boost-revenues-protect-margins

  • SAP is also expanding their software offerings:

    By developing a product innovation platform, the connected products portfolio is capable of managing and integrating customer-driven engineering innovations by coordinating every ‘business function’ and ‘bill of material requirements.’ This portfolio will not only deliver considerable improvement over existing solutions but also develop new functionality, which will make manufacturing companies more responsive to customer demand.

    http://www.zacks.com/stock/news/169617/sap-brings-extended-solution-portfolio-for-improved-scm

  • Supply Chain as as source of compliance innovation (this doesn’t sound familiar does it?)

    To truly understand your compliance risk from all third parties, including those in the Supply Chain, you have to get out of the ivory tower and on the road. This is even truer when exploring innovation. You do not have hit the road with the “primary goal to be the inception point for innovation” but through such interactions, innovation can come about “organically”. There is little downside for a compliance practitioner to go and visit a Supply Chain partner and have a “face-to-face meeting simply to get to know the partner better and more precisely identify that partner’s needs.”

    http://www.jdsupra.com/legalnews/supply-chain-as-a-source-of-compliance-i-72976/
    This article gets a little to “ra-ra” and not enough real world example for my taste, but I like the idea.  

  • Here is another post detailing the shift from traditional procurement to a big data/business intelligence area (more of a POS/Retail view, but the concept is sound).
    http://www.internationalsupermarketnews.com/news/18577
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