This week we’re looking at why Procurement suffers from dodgy data - how it affects the function and what we can do to solve it.
Rich is joined by Susan Walsh - the Classification Guru and Natasha Brown Group Procurement Director of Harland & Wolff.
We cover:
- 0:46 - Why does Procurement suffer from dodgy data?
- 10:53 - What are the key steps in cleansing your data?
- 13:11 - Examples of where poor data has affected procurement decision making
- 15:43 - Importance of being data driven as a core procurement soft skill
- 17:46 - AI vs humans in the next phase of data management
- 21:58 - How do we foster a data driven culture?
- 25:03 - What advice would you give to Procurement teams that are struggling with legacy data?
- 29:56 - How do we influence other parts of the business to get the data we need?
- 35:43 - The panel's data wishes
- 39:00 - Data dumping grounds
