Data & Analytics

190: Mastering Your Master Data, and Why You Need to Care w/ Doug Paul

The quality and accessibility of master data is a critical but often overlooked pillar of all successful procurement teams. Complex and difficult to master, it’s often left to the side while we pursue “easier” transformation and improvement initiatives.  Technology is now opening up a new world of possibilities for converting seemingly disparate data into useable intelligence by taking new approaches – leading to more effective sourcing and category strategies.

I’m joined on the show today to discuss the mastery of your master data by Doug Paul, a GM of Sourcing at General Electric’s Global Operations Group. Doug has responsibility for developing, improving & standardizing shared sourcing processes, operations & tools across all of General Electric. I’ve got to know Doug well over the past 12 months – as you will hear in the interview, he is passionate about the role of procurement, but also the need to continually improve, challenge our assumptions, and to take control of our own destiny.

Towards the end of our discussion, we also try out a new feature – the quickfire round.  I’d love to know if you think this should become a regular feature!

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About the author

Philip Ideson

Philip Ideson is passionate about the role that procurement professionals and leaders can plan in creating competitive advantage for their organizations in ways that go beyond the traditional value proposition.

Philip founded Art of Procurement as a way for the procurement community to learn from each other, increasing the impact they have on their organizations. In 2017, he co-founded Palambridge, a virtual platform of procurement experts, technology, and intelligence. Palambridge provides a broad range of flexible procurement solutions, available on-demand.

Prior to Art of Procurement and Palambridge, Philip enjoyed a career that spanned the procurement value chain, working across three continents for organizations such as Accenture, Procurian, Ally Financial, Pfizer and Ford Motor Company.

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