fantastic at following business rules and logic . However , humans still have the advantage when it comes to creativity , innovation , and troubleshooting .”
In conclusion , implementing cognitive data-driven risk management requires lots of planning , high quality data , careful technology selection , training and evaluation . But getting this right , will be a recipe for success for procurement professionals to gain a competitive advantage when it comes to making smarter decisions when securing their supply chain .
“ Cognitive data-driven risk management helps businesses identify and assess risks that are developing in our supply chains , as well as make more informed decisions to mitigate these risks ”
NICOLAS WALDEN ASSOCIATE PRINCIPAL AND UK & EUROPE
PRACTICE LEADER , PROCUREMENT ADVISORY , THE HACKETT GROUP
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