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Advanced Analytics for Procurement: New Tech and Tools for Powering Data-Driven Insights

Advanced Analytics for Procurement: New Tech and Tools for Powering Data-Driven Insights

“Advanced analytics” — you are probably hearing this term more and more often. Frankly, this is a good thing for procurement professionals. But what does advanced analytics really mean? Why do you need it? What new capabilities does it offer to procurement pros? And most importantly — how do you start using it?

In this insightful webcasts, experts from GEP and Supply Management Insider discuss adoption of advanced analytics in procurement and how it can enable faster, more effective decision-making. They also explore the role of AI and other cognitive technologies in delivering business insights at scale.

Key Discussion Points:

  • Distinguishing between “information overload” and actionable insights
  • How AI, machine learning and other cognitive technologies are redefining data analytics
  • Practical applications of advanced analytics tools for accurate decision-making and value creation