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The 5 biggest problems in automotive procurement (and how to solve them)
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MADISON HEIGHTS, MI, September 21, 2017 – Xeeva, Inc., a global provider of intelligent, award-winning procurement software, announced today that they won the runner-up award for "Outstanding Solution Providers" at the 2017 ISM CPO Forum Awards in India. The annual CPO Forum Awards was a two-day conference held in Mumbai, India that focused on the journey towards procurement excellence and reshaping procurement organizations and their capabilities to tackle the challenges and opportunities of the growing digital...
Setting up systems to monitor supply risk management and supply chain visibility can preempt future performance issues that your organization may encounter. Predictive financial performance monitoring tools are often of value to companies monitoring the activities of their suppliers – indeed, recently one large global manufacturer was able to prepare for the impending bankruptcy of a major supplier due to their predictive analysis, indicating that the supplier was developing cash flow issues. Related: Supply risk...
1. New Data Insights Several new insights were added to Xeeva Spend Analytics, including: Item Quality This insight displays the quality of the item data that was received from a customer’s ERP, AP, and other internal systems that track indirect spend data. This insight also shows which items were cleansed by the XVA Platform, Xeeva’s rule-based AI engine. Item Enrichment This insight compares the quality of the item description that exists in a customer’s internal...