#supplier data

[procurement-insights]

GenAI can enrich your supplier data. It can't fix the architecture that keeps producing junk.

Supplier Onboarding Is Not a Form Problem — It’s an Ecosystem Problem

[procurement-insights]

A technology-first approach has never addressed the clean data problem — and it never will.

AGI Won't Fix Your Dirty Data. Neither Did AI, GenAI, or Agentic AI. Here's Why.

[77datasblog]

CRM vs Excel—Which Is Best for Managing Supplier Database?

When it comes to managing supplier databases, people often get confused between Excel and CRM (customer relationship management software). Excel is a simple and easily accessible tool for small teams, but as the vendor list grows, manual updates and tracking become difficult. There is a risk of duplicate entries, version mismatch, and missed follow-ups, especially when multiple people use the same sheet.

CRM is a professional solution that centralises and manages your suppliers’ contacts, communication history, documents, and deal status in real time. In it, you can set reminders and get auto-updates, and email/call tracking is also available. CRM tools like Zoho, HubSpot, and PipeDrive are specifically designed for B2B workflows.

​Excel is fine if you have 20-30 suppliers, but if you are running a procurement team or have to update data regularly, then using CRM is more effective, time-saving, and scalable.

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For more information visit our website or contact us at [phone]. Download the free sample database in Excel Format.

[datagardener0]

Why High-Quality Supplier Data is Essential for Any Business

High-quality supplier data is a crucial component of successful business operations. It gives organisations the insights and information to make informed decisions, improve efficiency, and maintain strong supplier relationships. Having reliable supplier data isn’t just a nice-to-have — it’s a must. Whether managing procurement or building vendor relationships, supplier data quality can make or break your operations. But what makes this data “high quality,” and why does it matter?

This article will explore the top 8 reasons why high-quality supplier data can benefit any organisation. Plus, we’ll provide insights into how you can improve your supplier data and ensure it remains accurate and actionable.

Source: https://datagardener.com/blogs/high-quality-supplier-data/

[procurement-insights]

An Advanced Look at Teal IQ (AI Data Discovery and Enrichment)

How does AI make you smarter or dumber?

Taking You Well Beyond A Solution Demonstration The meeting between Fahad Muhammad and Jon Hansen focused on the introduction and overview of the Teal IQ platform, its capabilities, data validation using AI and ML, data structuring, client feedback, and supplier benefits, including: Teal IQ product introduction Frequency of running Teal IQ reports Dynamic diagnosis Product…

An Advanced Look at Teal IQ (AI Data Discovery and Enrichment)

[procurement-insights]

Is The Single Source of Truth A Myth? Duncan Jones Adds Important Insights Regarding Supplier Intelligence

With data, is the "single source of truth" a myth?

“The single source of truth is a myth. It will never exist. CPOs should learn to live without it like sellers & marketers do. Eg different buyers, rating agencies, & communities rate a supplier’s reliability differently. You’re not 100% sure that news item about unethical behaviour refers to your similarly named supplier.” – Duncan Jones (October 25th, 2023) Duncan Jones always has something…

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