Tomorrow, you have an opportunity to participate in a webinar about SIM (supplier information management) with General Electric's Manager of Operations and Sourcing/AP, as well as myself.
We'll look at how GE manages its over 750,000 vendors worldwide, and how they address challenges like these:
- Supply chain spanning numerous verticals with different data collection needs, and disparate systems with inadequate data schema, and multiple gaps around supplier data regarding certifications, compliance, and contracts
- Poor spend visibility from missing or inaccurate data points -- e.g. categorization -- and inadequate processes in general
- Vendor proliferation
- Global organization needing multiple interface languages; not only the corporate English but also French, Spanish, German, Japanese, Chinese and others