Spendscape by McKinsey’s Post

🌟 Exciting insights into the world of procurement analytics! At Spendscape by McKinsey, we are transforming how businesses understand their spend, uncover opportunities, and drive impactful decision-making. In this video, Victor Parmar and Dr. Phillip Wittenberg highlight the solution's capabilities and how it enables organizations to achieve their goals with data-driven insights. 🎥 Curious about what makes Spendscape so powerful? Watch the video here: https://lnkd.in/efhdpsUV #ProcurementAnalytics #DataDrivenDecisions #Spendscape

Are you struggling to make sense of your procurement data? You're not alone. Many procurement teams are drowning in data, but they don't have the tools or resources to turn that data into actionable insights. Spendscape consolidates and enriches procurement data with the power of AI, providing comprehensive insights and impact tracking to enhance decision-making, supplier negotiations, and end-to-end strategic initiatives. Learn more from @Victor Parmar and @Dr. Phillip Wittenberg: https://bit.ly/407Ss2d #Spendscape #GenAI #DigitalProcurement #SpendAnalytics #CarbonAnalytics #ProcurementAnalytics #SpendManagement #CategoryManagement #CategoryStrategy #ProcureTech #ProcurementTechnology

We're excited to share our recent feature in Procurement Magazine. Our Founder and CEO Stephany Lapierre discusses: ➡️ The importance of high-quality data to improve efficiency and decision-making ➡️ How Gen AI can help procurement teams with supplier insights and recommendations ➡️ Why transparency, speed, and control are at the heart of our Supplier Data Platform 💡Read the full article here: https://hubs.la/Q02Pj-8d0 #ProcurementData #SupplierData #AIinProcurement #GenAI

In today's data-driven world, grappling with data complexities is a common challenge. Without the right AI integration, making sense of this maze becomes even more daunting. But fear not, as Rosslyn's platform enables procurement in transforming their data into actionable insights. Here's where Rosslyn's strategy comes into play: 1. Identifying data overload or inefficiency. 2. Introducing Rosslyn's advanced analytics solution. 3. Highlighting the unique value proposition of AI integration. 4. Stressing the urgency of modern data analytics adoption. 5. Presenting a clear invitation to explore Rosslyn's platform. Organizations drowning in data but starved for insights find relief with Rosslyn's centralized intelligence platform, leveraging AI for deeper analytics. Stay ahead with advanced tools. Craft a data strategy with Rosslyn's analytics for thriving in the modern age. Transform your data into your most strategic asset. Book a demo today ➡️ https://hubs.li/Q02snsgS0 #rosslyn #procurement #dataanalytics #procurementanalytics

Procurement leaders, it's time to conquer market volatility and fragmented data streams. Harness the power of the persona-centric Gen AI approach to turn these challenges into strategic advantages. With tailored intelligence, contextual recommendations, and unified data insights, Category Managers can achieve unparalleled operational excellence. Discover more in this whitepaper by Kulashekharan S: https://bit.ly/PCA_1 #GenAI #DataInsights #Procurement

Procurement leaders, it's time to conquer market volatility and fragmented data streams. Harness the power of the persona-centric Gen AI approach to turn these challenges into strategic advantages. With tailored intelligence, contextual recommendations, and unified data insights, Category Managers can achieve unparalleled operational excellence. Discover more in our whitepaper: https://bit.ly/PCA_1 #GenAI #DataInsights #Procurement

💡 Final Post in my "Did You Know?" Series! Did you know that companies using AI-powered spend analytics can lower their supplier management costs by up to 20%? That’s because AI-powered spend analytics solutions allow procurement teams to: 🗂️ Identify duplicate suppliers and consolidate spend for better pricing 🔍 Identify opportunities to rationalize the supplier base 📈 Improve supplier performance through better data insights Managing too many suppliers can lead to inefficiencies and missed opportunities. With spend analytics, you can optimize your supplier portfolio, improve negotiations, and reduce hidden costs. Follow our kiresult page for more insights on leveraging AI-driven spend analytics to drive better procurement outcomes! #Spendanalytics #Suppliermanagement #AI #Procurement

𝗔𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝘀, 𝗗𝗮𝘁𝗮 & 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 - 𝗧𝗵𝗲 𝟮𝟬𝟮𝟰 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵𝟭𝟬𝟬 There has been a considerable focus on decision intelligence, AI, and fully integrated platforms, with the power to automate not only procurement tasks, but also the flow of intelligence across the supply chain. Through delivering on these critical advancements, digital solutions have dramatically improved the way that corporations can utilise decision intelligence, predictive analytics, and real-time data. ✨ 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗸𝗲𝘆 𝘁𝗿𝗲𝗻𝗱𝘀 𝘀𝗵𝗮𝗽𝗶𝗻𝗴 𝟮𝟬𝟮𝟰'𝘀 𝗔𝗻𝗮𝗹𝘆𝘁𝗶𝗰𝘀, 𝗗𝗮𝘁𝗮 & 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗹𝗲𝗮𝗱𝗲𝗿𝘀 𝗮𝗻𝗱 𝗲𝘅𝗽𝗹𝗼𝗿𝗲 𝘁𝗵𝗲 𝗽𝗶𝗼𝗻𝗲𝗲𝗿𝗶𝗻𝗴 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗱𝗲𝗳𝗶𝗻𝗶𝗻𝗴 𝘁𝗵𝗶𝘀 𝗰𝗮𝘁𝗲𝗴𝗼𝗿𝘆 🔗 https://lnkd.in/ge8A2Pcc #ProcureTech #2024ProcureTech100 #Procurement #DigitalProcurement #Analytics #Data #Intelligence

Marsh’s Amy Barnes and Cathy Cyphus joined Marsh McLennan’s John Davies and Oliver Wyman’s Jonathan Z. Lee in a LinkedIn Live event to discuss how organizations can leverage data, analytics, and AI innovatively to proactively manage current and emerging supply chain risks, optimize efficiency, and reduce costs. Watch it here: https://lnkd.in/e_EcnVS3 #SupplyChain #ArtificialIntelligence #RiskManagement

Marsh’s Amy Barnes and Catherine Cyphus joined Marsh McLennan’s John Davies and Oliver Wyman’s Jonathan Z. Lee in a LinkedIn Live event to discuss how organizations can leverage data, analytics, and AI innovatively to proactively manage current and emerging supply chain risks, optimize efficiency, and reduce costs. Watch it here: https://bit.ly/4fwjw0S #SupplyChain #ArtificialIntelligence #RiskManagement