datashark supply chain    

 

 

 

    spend   |    purchase order management   |   vendor master   |    why tic?  
 

 


Supply Chain has the ability to significantly influence the overall performance of the company by identifying new or alternative purchasing sources and developing strategic relationships with suppliers - resulting in substantial cost reductions and highly favorable business terms.

DataShark Supply Chain (SC) is empowering Supply Chain with 100% visibility and detailed analysis of all Supply Chain systems – be it one or many systems.  Using DataShark SC,  Supply Chain is able to perform detailed indirect and direct spend analysis in minutes and drive the effectiveness and savings in Supply Chain like never before. 

Read more about Technology Insight being Awarded for Supplier Excellence. 


spend

Supply Chain is often challenged with the tools needed to gain a complete and accurate view on indirect and direct spend.  Disparate systems and unclean vendor master files add to the complexity. 

DataShark SC pulls together and normalizes data from disparate systems to provide a complete and accurate view on indirect and direct spend.  Spend may be analyzed by vendor, commodity, general ledger, and purchasing category - unique to Technology Insight, enabling you to view spend in a way that is meaningful to you. 

DataShark SC's proprietary technology and approach enable detailed analysis and reports to be generated in minutes vs hours enabling users to spend valuable time on analysis, not report generating. 

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purchase order management

How well does your organization manage purchase orders and adhere to business process?  Often hard to monitor, DataShark SC enables Supply Chain to identify breakdowns in process such as:  Purchase order usage - is it consistent and where is the breakdown?  Is the organization using after the fact purchase orders to fake the process?  What is the frequency and severity of price changes being made? What is the quantity and value of aged open purchase orders?

DataShark SC offers over 250 standard reports as well as custom reports that enable Supply Chain to make improvements, gain more control over the process and ensure adherence to policy and standards. 

Depth and breadth of reporting capabilities are driven by each customer's availability of data and data capture. 

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vendor master file

An unclean vendor master file poses three significant risks to a company: increased likelihood of duplicate payments, an inability to accurately analyze spend and inefficient use of resources. All issues significantly impact the bottom line.

DataShark SC provides Supply Chain with a list of duplicate vendors, breakdown on duplicate vendors being added on a monthly basis, active but unused vendors and a vendor aging report to highlight active vendors that have not been used within your designated timeframe. All reports may be exported to excel.

Using DataShark SC, Supply Chain groups are able to: identify and remove duplicate vendors on a regular basis, identify active but unused vendors, and identify active vendors unused within a designated timeframe. The clean vendor master file will reduce duplicate payments by enabling ERP controls to work as they are meant to and enable accurate spend analysis leading to more favorable business terms and positive impact to the bottom line.

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why technology insight? 

DataShark SC empowers Supply Chain organizations with capabilities and information that typically cannot be easily accessed but is vital to the effectiveness of the group.   The results speak for themselves. 

Our experience and confidence is what enables us to offer our prospects a risk-free, no obligation to purchase, trial of DataShark SC.  Our potential customers are able to see the value we bring above and beyond existing practices and make an informed business decision.  

Contact Technology Insight to arrange a demonstration or learn more about our free trial offer. 

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