#156 How much does Data matter? (Patrick Grohmann-Köthur)

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This week, Patrick Grohmann-Köthur joins us as we discuss how much Data matters when the figures you are dealing with are well into the billions. In this episode, we delve into the power of data in procurement. Discover how even small, data-driven savings can translate into millions of euros for large-scale budgets. We'll explore the challenges and opportunities of leveraging data to drive value, including building trust, fostering a data-driven culture, and balancing short-term wins with long-term goals. Join us as we uncover the secrets to unlocking the full potential of data in procurement. Here are the links to articles and talks we spoke about in the episode: Link to the article of Frankfurter Allgemeine Zeitung on our Cartell Screening Use Case: https://www.faz.net/aktuell/wirtschaf... Patrick’s talk on Deutsche Bahn’s Data-Driven Procurement (March 5th, 2024): https://youtu.be/jOTc2Da4zy4

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