
208 • Supply Chain Risk Management: An Emerging Discipline
drivers without getting lost in the data. Scenarios are performed iteratively
to demonstrate value and self- fund subsequent improvement opportunities.
Many organizations start with spreadsheets as a proof- of- concept
(POC) and then migrate to some form of business intelligence tool to
perform more rigorous analysis. Why? According to the Hackett Group,
world- class procurement organizations on average spend less than 30%
of their time compiling data, compared with 60% for the bottom- quartile
companies. In other words, while typical companies still compile data,
world- class organi ...