Fannie Mae implemented an asset management solution as part of its Category Management and Enterprise Data Governance program. This solution included a complete data service inventory that provided a single source with consolidated and accurate view of data purchases. This enabled enterprise visibility into Third Party Data usage and eliminated fragmented buying decisions. This resulted in increased transparency; improved efficiency by removing multiple inputs, additional licenses and multiple approvals; improved process for enabling services to be assigned shared across multiple users and departments; reduced costs through decreased duplication; increased utilization and economies of scale; and enterprise purchase leverage.
About the Future of Sourcing Awards
The 2018 inaugural Future of Sourcing Awards program recognized organizations that showed innovation, leadership and transformation in categories critical to the sourcing industry. The Awards brought together some of the brightest minds, the best insights and the most relevant topics and created a truly remarkable experience. In eight categories our esteemed judges selected three finalists from many innovations in sourcing, outsourcing, third party management, supplier performance, digitization, governance/compliance, talent management, and sustainability.
Each nominee was invited to discuss their innovations in a podcast for The Sourcing Industry Landscape as well as a Ted-style Talk at the SIG 2018 Fall Global Summit. Finally, each nominee was asked to provide a handout for their Talk.
Contributors: Fannie MaeCategories: 2018 Nominations, Future of Sourcing Awards
SRC Type: Sourcing Management, Third Party Management