System and method for managing supplier intelligence
First Claim
1. A computer-implemented method of managing supplier intelligence, comprising:
- collecting procurement data regarding a procurement process from a plurality of data sources, the procurement data including information regarding a plurality of business divisions of a business entity;
for each business division, generating a set of spend formulas for determining spending associated with that business division;
generating a set of supplier intelligence business rules based on a variety of business parameters, each supplier intelligence business rule interrelating at least one spend formula associated with a first one of the business divisions with at least one spend formula associated with a second one of the business divisions;
performing, using a computer system, an automatic analysis of at least a portion of the procurement data based on one or more of the set of supplier intelligence business rules to determine the financial effects of a decision made by the first business division on the second business division; and
automatically generating a visual output indicating the results of the automatic analysis of the at least a portion of the procurement data.
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Abstract
A method of managing supplier intelligence is provided. The method includes collecting procurement data from a plurality of data sources. The procurement data includes information regarding a plurality of business divisions of a business entity. The method further includes generating spend formulas for each business division for determining spending associated with each business division. The method further includes generating a set of supplier intelligence business rules that interrelate at least one spend formula associated with a first one of the business divisions with at least one spend formula associated with a second one of the business divisions. The method further includes automatically analyzing a portion of the procurement data based on the supplier intelligence business rules to determine the financial effects of a decision made by the first business division on the second business division. The method further includes automatically generating a visual output indicating the results of the analysis.
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Citations
26 Claims
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1. A computer-implemented method of managing supplier intelligence, comprising:
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collecting procurement data regarding a procurement process from a plurality of data sources, the procurement data including information regarding a plurality of business divisions of a business entity; for each business division, generating a set of spend formulas for determining spending associated with that business division; generating a set of supplier intelligence business rules based on a variety of business parameters, each supplier intelligence business rule interrelating at least one spend formula associated with a first one of the business divisions with at least one spend formula associated with a second one of the business divisions; performing, using a computer system, an automatic analysis of at least a portion of the procurement data based on one or more of the set of supplier intelligence business rules to determine the financial effects of a decision made by the first business division on the second business division; and automatically generating a visual output indicating the results of the automatic analysis of the at least a portion of the procurement data. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. Software for managing supplier intelligence, the software being embodied in a non-transitory computer-readable media and when executed by one or more processing units operable to:
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collect procurement data regarding a procurement process from a plurality of data sources, the procurement data including information regarding a plurality of business divisions of a business entity; for each business division, generate a set of spend formulas for determining spending associated with that business division; generate a set of supplier intelligence business rules based on a variety of business parameters, each supplier intelligence business rule interrelating at least one spend formula associated with a first one of the business divisions with at least one spend formula associated with a second one of the business divisions; and perform an analysis of at least a portion of the procurement data based on one or more of the set of supplier intelligence business rules to determine the financial effects of a decision made by the first business division on the second business division; generate a visual output indicating the results of the analysis of the at least a portion of the procurement data. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18)
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19. A system for managing supplier intelligence, comprising:
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a data warehouse operable to collect procurement data regarding a procurement process from a plurality of data sources, the procurement data including information regarding a plurality of business divisions of a business entity; a supplier intelligence business rules database operable to store a set of supplier intelligence business rules, each supplier intelligence business rule generated based on a variety of business parameters and interrelating at least one spend formula associated with a first one of the business divisions with at least one spend formula associated with a second one of the business divisions; and one or more processing units operable to execute; an analysis module operable to perform an analysis of at least a portion of the procurement data based on one or more of the set of supplier intelligence business rules to determine the financial effects of a decision made by the first business division on the second business division; and a data visualization module operable to generate a visual output indicating the results of the analysis. - View Dependent Claims (20, 21, 22, 23, 24, 25, 26)
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Specification