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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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