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Market Baskets: Delivering Value or Driving Distraction

In a highly fragmented supply environment such as the Maintenance, Repair & Operations (MRO) space, moving beyond market basket pricing as a driver of supplier selection is a key factor to long-term success.While a market basket approach works well for selecting a commodity provider, it can be distracting when looking for a more holistic solution. Pricing will always be a part of the selection process, but is by no means the end-all-be-all.

It’s important to be aware that there are numerous other qualifiers and capabilities to consider.

Click to download and learn more on delivering value today.

Market Baskets-Delivering Value or Driving Distraction VF..pdf

Success Story

SDI is an MRO integrator and partner that really helps drive categorization and a best practice approach.

SDI at Work

Data standardization is part of Google’s new initiative to help people find relevant datasets.  With a recent study from Data Science Central, it’s estimated that data scientists spend 60% of their time preparing data for analysis, rather than performing the analysis itself.  Therefore, the goal of this schema is to drive standardization so that more time can be spent analyzing it.