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

Joan Duemler
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Joan Duemler: Supply Chain Business Operations Manager, Intel, USA

Journal of Supply Chain Management, Logistics and Procurement, 2021, vol. 4, issue 2, 182-192

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.

Keywords: contract analytics; innovation; digitisation; machine learning (ML); natural language processing (NLP); autonomous digital supply chain (search for similar items in EconPapers)
JEL-codes: L23 M11 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jscm00:y:2021:v:4:i:2:p:182-192

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