Challenges
- No real-time information updates
- Multiple reports and different sources to access the information
- No single image in one single place
How TYS Helps
- Using TYS (including leveraging 3rd party data providers in the TYS Marketplace) to compare multiple suppliers, evaluate current suppliers, and identify potential challengers using common profile and questionnaire information
- User can access a single, aggregated view of complete supplier-provided details presented alongside authoritative third-party information. No “swivel seat” between screens and portals to perform a SWOT analysis.
- User can utilize integrated tools such as Maplecroft to view risk-based information by various parameters including geolocation and technology
Outcomes
- Real-time market information in one single “shop”
- Data improvement by integrating different sources in one single “library”
- Effort reduction in compiling all information from different sources
Roadmap Horizon
- Library of analytics queries to allow for easy comparison of suppliers on attributes of interest
- Integration with advanced IBM Watson AI tools for insights and analytics
STREAMLINED VALIDATION VIA SMART ATTRIBUTES
SIMPLE INTERFACE REDUCES CYCLE TIME