Supplier data is foundational -- and so is a supplier data foundation
Supplier data enables procurement leaders to understand their organization's performance more deeply, predict market opportunities and negotiate advantageous supplier contracts. When market conditions are favorable, these benefits provide a keen competitive advantage; during economic turbulence, they're a must-have for business continuity -- all in all, data is the bedrock of procurement decisions.
But the necessity of good supplier data isn’t breaking news. Rather, the advent of innovative technologies, including generative AI and large-language models (LLMs), has emphasized the importance of data hygiene across the enterprise. Case in point: In 2024, 43 percent of data leaders say their organization has adopted a “data and analytics culture” -- up from just 21 percent last year.
Do we need a condom emoji?
Condoms are a great way to minimize the risk of both pregnancy and some sexually transmitted diseases. In fact, condoms have proven to be a solid defense against the spread of HIV -- the virus that leads to AIDS.
The question, however, is does the world need a condom emoji? According to the AIDS Healthcare Foundation, the answer is yes. You see, today, the AHF has chosen to launch a campaign to try and convince the The Unicode Consortium to add a proper condom emoji -- not just using the balloon ? emoji in conjunction with an eggplant ? or banana ?. Why launch the campaign today, though? Because February 13 is International Condom Day!