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Data-driven supplier performance monitoring

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The authors study how supplier performance as well as transactional and financial data about companies can be used to derive a number of findings useful for supplier selection, monitoring the supply chain performance, and improving inefficiencies. They discuss findings from analyzing supplier performance data for a small sub-set of a database with information on about 15 million companies, which suggest that the combination of the increased ability to capture transactional data among companies globally and the use of data mining tools can have an important impact on supply chain management.

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