This eBook promises a new outlook and fresh perspectives on how IT and procurement, connected by their love of data, can contribute more value to the organization—together. You'll gain practical advice on data-driven leadership based on the authors' decades of experience in procurement analytics. 🚀
How to manage and integrate procurement data
How to cater procurement professionals while aligning with IT infrastructure and wider data strategy
Why data myopia and “perfect data” are fallacies
The total cost of ownership of analytics solutions
How to make sure users love and adopt new solutions
Considerations of creating a procurement data ecosystem
Why data belongs to everyone, and how modern leaders can adopt data-friendly management practices
The drivers of a collaborative IT-procurement relationship
Why procurement loves data
Why data management for procurement is hard
Build or Buy for spend analytics
Leveraging procurement data ecosystems
Democratization of data
Procurement and IT working together
I found it extremely interesting and engaging, but with enough advanced content which added value to my existing knowledge base. I will 100% take learnings from this book and implement them into the day-to-day operations at MTN Procurement. It’s the sort of book that pushes various departments together and breaks the silos which exist in most organizations. It’s good for people starting out their transformation journey and also for those who are quite well on.
Procurement Loves Data is an inspiring and practical book about how procurement data analysis scales from spend analysis with narrow data to cross process business insights via data ecosystem. I would recommend procurement loves data to any data-driven leader who is looking at ramping up the level of their network collaboration and outperforming their peers with analytics.
In this age where Digital Transformation is in full swing and many enterprises feel the need to transform or die, the importance of leveraging every bit and byte of data simply cannot be underestimated. It’s only with a complete, unified data picture that an enterprise can prioritize the optimal initiatives and bring its full ‘procurement power’ and economy-of-scale to every procurement project.
Sievo clearly lays out the path for procurement to become a data insights engine for organizations. Spend visibility is a challenge which continues to elude most organizations. Sievo has laid out a clear, pragmatic approach which will help gather the right data, and deliver meaningful insights. Sievo correctly points out that to create a competitive advantage with analytics will require investments in new roles/skills (e.g., data science) within the procurement function
Sammeli Sammalkorpi is the CEO of Sievo and one of the two original co-founders. Heta Ruikka is the Vice President of Product Management. Olli Saksa is the CFO of Sievo.