Analytics matter. Full stop. A recent IBM study revealed that 41% of the top CPOs embed analytics into their procurement processes compared to just 16% of lower-performing CPOs.
Hugh Cox, Chief Data Officer at Rosslyn Analytics, in partnership with Nigel Issa, Director of Data and Analytics at PwC, discuss why elite procurement teams are developing centers of analytics and how they are creating accelerated business value including embedded cost, compliance and risk management controls.
Hugh and Nigel share:
- Why procurement analytics is the foundation of procurement transformation
- The lessons clients have learned from implementing centers of analytics
- How centers of excellence benefit the entire company beyond just procurement
- Tips in creating a center of analytics excellence tailored to your unique organization