in real-time and developing predictive models based on combining signals generated by our own and external data . These signals will include monitoring vendor behaviors , variability in lead times , and fill rates , to name a few .”
“ Finally , engagement is about using data to guide our users into the optimized processes and the preferred choices via a unified user experience layer ,” Vikas adds . “ Our goal is to create an interventional supply chain , drawing on the intelligence from our data to correct processes in real-time – rather than reacting to issues much later in the process , which causes inefficiencies in procurement processes and sets us up to be reactive all the time . The overall transformation is expected to take three to five years , but we hope to introduce the first set of capabilities within 18 to 24 months .” Northwell is also enhancing how the indirect spend portion of the supply
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