Laying the groundwork for good supplier data governance started with figuring out what granular aspects of supplier MDM were different from other domains like customer and item. First, Karen Coronado, the data governance team and stakeholders throughout the company established the Supplier MDM goals specific to their company. Then, they decided to invest in a built-for-purpose solution to accelerate ROI. Now, the company is implementing a supplier management platform that comes with best practices and out-of-the box templates.

Watch this webinar to hear Karen discuss:

  • Registering suppliers with an automated process that uses customized business rules and automated approval workflows
  • Avoiding supplier fraud and risk by closing control gaps in supplier setup and management
  • Enforcing standard payment terms
  • Pushing more suppliers toward electronic payments
  • Improving strategic sourcing efforts
  • Saving FTE time and money

Speakers:

  • Karen Coronado, Manager, Data Governance at Lennox International
  • Akhilesh Agarwal, SVP, Global Business Partner Technology Solutions at apexanalytix

Webinar slides: https://bit.ly/3k0wusR 
Webinar video: https://www.apexanalytix.com/video-get-and-drive