Albertsons: Supplier Management Best Practice Trailblazer - Mastering Supplier Data Across Systems, Departments and Processes with the Power of AI
Ultimate Supplier Management
English - October 26, 2021 13:00 - 43 minutes - 29.9 MB - ★★★★★ - 1 ratingManagement Business accounts payable procurement supplier management vendor management Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Post-merger with Safeway, Albertsons launched a series of business transformation projects. For one, Gregg Maxwell, Group Vice President, NSC wanted the future of supplier onboarding.
In this webinar, Gregg talks about how they reduced 170,000 supplier records to 70,000 active vendors. He’ll explain how they turned the onboarding process that involved four systems, ten departments and fifteen documents to one automated, supplier-facing onboarding portal.
Now, Albertsons will complete supplier validations through real-time integration with 650+ global government, regulatory and authoritative third-party data sources and 2 Billion external reference records. The company will defend against supplier fraud with a series of automated supplier record change controls, including real-time confirmation of bank account ownership. Machine Learning and big data analytics with IBM Watson help with the automation throughout.
Speakers:
Gregg Maxwell, CPA Group Vice President, NSC, AlbertsonsAkhilesh Agarwal SVP Global Business Partner Technology Solutions, apexanalytixMark Brousseau President, Brousseau & Associates
Webinar slides: https://bit.ly/37NWrq4
Webinar video: apexanalytix.com/video-supplier-management-best-practice-trailblazer-albertsons