America is facing Three Core Challenges: COVID, Equality and Diversity, and Re-invigorating the American Economy. AI and analytics can rapidly identify opportunities to automate savings and diversity and drive action and capture. In this session, hear how Nordstrom is using data to drive in an unprecedented 2020.
Creating A World of Diverse Opportunity
In today’s world, private and public enterprises are focused on launching or improving diversity initiatives to create opportunity in its supply chain. Whether small business suppliers, women-owned or minority owned, all organizations need a diverse supplier base and the ability to easily and quickly show that data. We will focus on how technology can meet that need and how Fortune 5000 companies using it to empower their communities through their supplier base.
COVID-19 is the New Normal
It goes without saying that COVID-19 has altered how we do business and how we conduct business on a daily basis. Nordstrom will do a deep dive on the impact of COVID-19. As many retailers around them have declared bankruptcy, Nordstrom will show us how they have positioned themselves today and for tomorrow. We will focus on how COVID has impacted their supplier base and what it means for the future.
Reinvest in America
Supply Chain disruption is deeper than you probably realize. Try and buy a bicycle today and you are out of luck, unless you want a $2500 road bike. Supplier intelligence may make the difference in success or failure for your business. We will focus on what do you need, what is important and how quickly you can get your hands on it.
This session is for any Procurement or Finance leader ready to take their organization and company to the next level.
Contributors: SuplariCategories: 2020 Fall - Digital, Summit Presentations
SRC Type: Artificial Intelligence, Benchmarking and Analysis, COVID-19, Disruptive Digitization, eSourcing and Tools, Procurement Operations, Sourcing Management, Third Party Management