What is SAP Fieldglass Live Insights in SAP BV-SRM - Brand Voice - Supplier Relationship Management?

SAP Term: SAP Fieldglass Live Insights

• Component: BV-SRM

• Component Name: Brand Voice - Supplier Relationship Management

• Description: Machine learning data-as-a-service offering that enables organizations to plan, simulate, predict, and engage external talent in a seamless, intuitive workflow. The service provides real-time visibility, speed, and agility in activating new workforce strategies using a robust talent procurement data set supplemented with their data and trusted third-party data.

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• Key Concepts: 
  SAP Fieldglass Live Insights is a cloud-based analytics solution that provides real-time visibility into supplier performance. It helps organizations to identify and address potential risks, optimize supplier relationships, and improve overall supplier performance. The solution is part of the SAP Supplier Relationship Management (SRM) suite and is designed to help organizations gain insights into their suppliers’ performance, identify areas of improvement, and take corrective action. 
  
  How to Use It: 
  SAP Fieldglass Live Insights can be used to monitor supplier performance in real-time. It provides a comprehensive view of supplier performance across multiple metrics such as cost, quality, delivery, and compliance. The solution also provides predictive analytics capabilities that enable organizations to anticipate potential risks and take proactive measures to mitigate them. Additionally, the solution can be used to track supplier performance over time and identify areas of improvement. 
  
  Tips & Tricks: 
  When using SAP Fieldglass Live Insights, it is important to ensure that the data being collected is accurate and up-to-date. Additionally, it is important to ensure that the data being collected is relevant to the organization’s goals and objectives. Finally, it is important to ensure that the data being collected is being used in an effective manner in order to maximize its value. 
  
  Related Information: 
  SAP Fieldglass Live Insights is part of the SAP Supplier Relationship Management (SRM) suite. Other components of the SRM suite include SAP Ariba Network, SAP Ariba Sourcing, SAP Ariba Contract Management, and SAP Ariba Supplier Lifecycle Management. Additionally, SAP Fieldglass Live Insights can be integrated with other solutions such as SAP Analytics Cloud and SAP HANA Cloud Platform.