Maker of smart devices including smartphones, tablets, laptops and wearables
A leading global provider of smart mobile devices adopts Data.Bloomberg.com to become more equipped with robust data so the company can respond better to fast-moving situations.
Bloomberg’s consistent data format made it easier for the client to run data correlations or build data lakes using the different datasets, making complex analysis and in-depth insights possible.
Situation
The company’s procurement operations and strategy departments rely largely on manual resources to gather, review, and leverage data from various vendors across their supply chain and partners.
Wanted new ways to control supply chains and protect core businesses
Needed to not only monitor its suppliers, but use multiple data points to forecast production, demand and prices
Problem
The company’s procurement operations and strategy departments rely largely on manual resources to gather, review, and leverage data from various vendors across their supply chain and partners.
Data can be inconsistent, using different measurements or methodologies
The process can be time-consuming and labor intensive
Solution
Data.Bloomberg.com is Bloomberg’s ready-to-use data website where clients can easily discover, access and use all of Bloomberg’s high-quality, market-leading datasets that help companies gain insight on exposure to physical, ESG and geopolitical risks.
Global supply chains are increasingly complex. Armed with a more comprehensive view into its supply chain, physical and other risks, the company has been able to automate, digitize and visualize its supply chain data, creating a more efficient workflow.
Provides high-quality relationship data across 118,000 companies worldwide, enabling firms to enhance risk models or create robust models of supply chain relationships
Delivers data on manufacturing, distribution, R&D and sales facilities from more than 11,600 global public companies and more than 220,000 total facilities
Allows for more comprehensive insight into ESG metrics at over 11,500 companies in 83 countries
With easy-to-use Data.Bloomberg.com, the company was able to diversify its supply chain risk by analyzing and tracking events at key electronic component makers and software suppliers.
Benefits
Simplified process for the client to run data correlations
Created a more efficient workflow
Enabled a way to automate, digitize and visualize its supply chain data