Having the right information is one thing. Knowing how and when to use it to its full potential is a different story.
That is a challenge we here at D&B along with Ariba have been guiding our customers on for years – accessing the information necessary to make informed business decisions and effectively applying it for profitable business results . The outcome of the Ariba/D&B relationship is that D&B global business data is “built in” to two Ariba products – Spend Visibility and Discovery.
Why is this important? Because unlike other spend and supplier management providers that claim to have access to third party business data, only Ariba with D&B offers a unified solution that is equipped to help companies operate in the ever-changing world of commerce.
In 2011, we saw firsthand the impact natural disasters, sub-par factory conditions and economies on the brink of collapse had on the global supply chain, and how these dynamics placed a spotlight on just how much companies have riding on their suppliers. And history is repeating itself to some degree. The February issue of Supply Chain Digital featured a story on supply chain trends for 2012, and the common thread among them is that the supply chain can make or break a company.
Here are a couple of the trends that we think we’ll hear the most about this year:
In April, I’ll be joining Spend Visibility customers Reed Elsevier and Bank of Montreal (BMO) in an Ariba Live panel discussion about spend analysis and supplier management. Join us Wednesday, April 11th at 4:45 p.m. to get a look into how two market leaders are managing their suppliers and spend.