FANNIE MAE
“ From a business case perspective , the promised land of true digitization is full collaboration and transparency that enables harnessing the full potential of technologies , such as machine learning and artificial intelligence ”
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— Rajeev Karmacharya , Managing Director , Strategic Sourcing and Category Management
partnership and accountability . For example , we work collaboratively with them to drive efficiency and cost competitiveness . Annually , we work with them to plan out future demand so they can plan their resources accordingly and we get the benefit of readily available , qualified resources in areas of our greatest need . We also work with a company that helps us with benchmarks , and on key hardware and software deals , which helps bring a unique perspective into supplier pricing models we might not normally have .”
Besides unit cost optimization , Karmacharya ’ s team is also focused on managing demand and seeking out substitution opportunities . For example , the procurement team worked collaboratively with the enterprise data team to manage data purchases and allocation . Prior to establishing an asset management program , budget planning , forecasting and cost allocation was challenging
JANUARY 2019