“It’s a project with an infinite internal rate of return,” says Sanjay Singh, Hershey’s VP of Internal Audit. “How many dollars of chocolate would we have to sell to equal a million in recoveries?” He knew that a recovery audit was a good idea from his experience and the benchmarking he does with industry peers. He, Jay Cheedella, VP Global Business Services, and Jonathan Laubenstine, Senior Director of Internal Audit, have been overseeing the project that’s already added ...
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“It’s a project with an infinite internal rate of return,” says Sanjay Singh, Hershey’s VP of Internal Audit. “How many dollars of chocolate would we have to sell to equal a million in recoveries?” He knew that a recovery audit was a good idea from his experience and the benchmarking he does with industry peers. He, Jay Cheedella, VP Global Business Services, and Jonathan Laubenstine, Senior Director of Internal Audit, have been overseeing the project that’s already added ...
Get in and Drive! Data Governance Tools Buying Best Practices to Accelerate Supplier MDM
Ultimate Supplier Management
35 minutes
4 years ago
Get in and Drive! Data Governance Tools Buying Best Practices to Accelerate Supplier MDM
Laying the groundwork for good supplier data governance started with figuring out what granular aspects of supplier MDM were different from other domains like customer and item. First, Karen Coronado, the data governance team and stakeholders throughout the company established the Supplier MDM goals specific to their company. Then, they decided to invest in a built-for-purpose solution to accelerate ROI. Now, the company is implementing a supplier management platform that comes with best prac...
Ultimate Supplier Management
“It’s a project with an infinite internal rate of return,” says Sanjay Singh, Hershey’s VP of Internal Audit. “How many dollars of chocolate would we have to sell to equal a million in recoveries?” He knew that a recovery audit was a good idea from his experience and the benchmarking he does with industry peers. He, Jay Cheedella, VP Global Business Services, and Jonathan Laubenstine, Senior Director of Internal Audit, have been overseeing the project that’s already added ...
