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Contract digitisation and analytics: Goodbye paper audits, welcome to real-time scoring

Author

Listed:
  • Duemler, Joan

    (Supply Chain Business Operations Manager, Intel, USA)

Abstract

Intel’s global supply chain (GSC) is continually innovating in pursuit of an autonomous digital supply chain. In Q4 2018, the indirect materials team identified a formidable challenge: reading all contract documents to assess and identify key vulnerabilities in the contract. After conducting external scans of contract analytics solutions, the advanced analytics team embarked on a journey to disrupt the contract domain. In this paper they share their insights and the solution they achieved with their stakeholders, rich with business content expertise and robust analytics.

Suggested Citation

  • Duemler, Joan, 2021. "Contract digitisation and analytics: Goodbye paper audits, welcome to real-time scoring," Journal of Supply Chain Management, Logistics and Procurement, Henry Stewart Publications, vol. 4(2), pages 182-192, December.
    • Handle: RePEc:aza:jscm00:y:2021:v:4:i:2:p:182-192
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    More about this item

    Keywords

    contract analytics; innovation; digitisation; machine learning (ML); natural language processing (NLP); autonomous digital supply chain;
    All these keywords.

    JEL classification:

    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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