Supplier Data Platform

Dollars & Sense: Fuel cost savings & drive better decisions with dynamic supplier data

By TealBook

In this live session at Dollars & Sense 2022, Brian Tarble, Vice President of Product at TealBook, dives into how using a data-first approach will help you deliver on cost savings and supplier discovery initiatives.

Brian highlights the trend we’ve seen over the past years in which procurement teams assume that data will be fixed if they just invest in more software—but when most of those solutions rely on one-time enrichment of data, you end up with disparate systems and insufficient information. He goes on to explain how the large-scale disruption and shortages impacting global markets have increased the need for highly qualified alternative sources of supply and rising inflation has made those goods and services at an all time high.

The full session replay will give you better insights on:

  • How our industry arrived at the place we’re at, struggling with bad data
  • How a supplier data platform delivers value to the procurement tech stack
  • How TealBook drives cost savings to a number of use cases via integrated, trusted data

The more pieces you bring into the puzzle, if you don’t have a data foundation that can really facilitate the cleansed data—the normalized data, the consistent, the frequent, the refreshed data—across the systems, then we’re back to making decisions based on inaccurate, unaligned, inconsistent data.
Brian Tarble VP of Product at TealBook

Access the session’s slide deck below.

Unleash procurement possibilities.

Whether you’re looking to maximize diversity spend, optimize supplier diversification, or identify emergency sourcing options, the best available supplier data makes all the difference.

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