STRATEGIC SOURCING
ACCENTURE: MAKING EACH SOURCING CYCLE SMARTER
Nestlé’ s genomic research demonstrates the value of this integrated data approach. Patrick Descombes, Senior Expert in Genomics at the Nestlé Institute of Food Safety and Analytical Sciences, says the company leveraged cutting-edge genomic techniques and advanced data analysis to explore genetic similarities across over 300 cocoa varieties.
The sequencing data is now publicly available, creating a shared knowledge base that stabilises the entire sourcing ecosystem. High-quality data remains foundational; strategic sourcing depends on consistent, trustworthy information across spend, supplier performance and market intelligence.
The power of predictive analytics Beyond integrating existing data, advanced systems increasingly employ predictive analytics to transform sourcing from backward-looking reporting to forward-looking strategy.
At Accenture, sourcing transformations follow a four-stage digital-first, AI-powered model: sensing AI-driven insights from spend and risk; sharpening decisions through automated recommendations; executing through workflow automation across contracting and procure-to-pay; and learning through performance monitoring that makes each cycle more resilient.
“Balancing tactical and strategic priorities is not a juggling act, it’ s an operating model choice”
Robert Fuhrmann Global Lead for Sourcing and Procurement Accenture procurementmag. com
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