The Data You Need For Digital Transformation

  • ROI — what benefits and savings could this digital transformation bring your business
  • Implementation — how it will be implemented, how long it would take and what impacts will it have
  • Planning — having data to plan ahead so you know what results you want to get out of the transformation
  • Evaluation — evaluating current and new suppliers to see who you should do business with moving forward
  • Timing — when would be the right time frame to start looking or implementing digital transformation for specific services
  • Contracts Data — knowing when your contract expirations, notice periods, penalties, and get out clauses
  • Supplier Performance Data — knowing how well your current suppliers have performed to decide whether to keep or replace
  • Spend Data — knowing how much you spend on products and services correlating with inventory
  • Inventory Data — knowing what you actually have for each supplier, site, and for each service
  • Historic Data — know your historic data so you can see what has been working well and not working well for you
  • Trends Data — knowing the trends of your company by correlating data across your spend, contracts, suppliers, market
  • Market Data — knowing what you have or what you get is best fair market price and similar companies has achieved
  • Implementation Data — know how long implementation will take and what steps are needed while correlating with your contracts
  • Site Data — know for each location what you have and what’s needed

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Varisource

Varisource

The first ever Data Insights platform focus on helping companies identify savings and gain visibility into their technology spend