Bolster Supply Chain Risk Management With Adlib's Content Intelligence
By Marc Fuentes | June 10, 2021
In a recent Gartner survey, only 21% of respondents stated that they have a highly resilient network today, including clear visibility and the agility to shift around sourcing, manufacturing, and distribution activities fairly rapidly.
- Supplier Discovery
- Supplier and Proposal Evaluation
When it comes to understanding your contracts, the right software solution is like having unlimited spins on the Wheel of Fortune. Instead of solving business-related questions using incomplete information, you see the whole picture.
Adlib’s trainable AI models can isolate key paragraphs, clauses, and terms of any document, agreement, and or contract to make sure they meet requirements.
Automating the analysis of this data ensures that companies are evaluating the best potential suppliers and enables them to make decisions faster.
- Supplier Selection
Today’s discerning customers have high expectations of how the products they use are made. Transparency into sourcing and sustainability is a deal-breaker. However, certifications, social and environmental governance, and corporate mandates are difficult to access and even harder to keep track of on an ongoing basis.
Adlib’s platform enables CSCOs to discover, convert, classify, and extract product, ingredient, geographic, and sourcing data at hyper-automation speeds. Having supply chain analytics readily available leads to a faster time to market. The right suppliers also help to promote brand health and customer loyalty.
- Contract Negotiations
If onboarding a new supplier takes weeks or months, that represents tangible opportunity cost and lost business. Being able to quickly find contract terms, reference performance obligations, and respond accordingly significantly reduces these expenses.
- Supplier Management
Learn how Adlib can help you tighten your supply chain.
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About the Author
Marc is the Senior Director of Growth Marketing at Adlib. For 20+ years, Marc has been leading marketing and sales teams within service, software, and SaaS. During his career, he has delivered over $30M+ in revenue and launched 65+ products for some of North America’s leading brands. In his off time, Marc enjoys staying active and spending time with his wife and three kids.