Tag "Supplier 360"
As the perception of suppliers, their strategic role for the success of a business and the way we interact with them is changing, the role of a supplier relationship manager is gaining more and more in importance. In a world of competing supply chains, a business’ success is automatically tied to the success of its... more
Supply chain compliance is among the top challenges leading supply chain and procurement organizations have to focus on. This blog provides four ways that will help you better achieve supply chain compliance.
Today, your suppliers are seen as a source of know-how and innovation leading towards a new way of collaborating and interacting with. Effectively managing suppliers, supplier relationships and their information is of growing strategic importance and value. If your organization has a strong supplier relationship management (SRM), collaboration and engagement, you will benefit of a... more
In a new report based on survey results, “The Value of Strategic Supplier Data Management”, The Aberdeen Group reviewed how supplier data is used, managed, and leveraged to achieve superior supply chain performance. The report summarizes survey results among supply chain, sourcing and procurement organizations across all industries and geographies. In particular, it examines the... more
This article was originally posted in Supply and Demand Chain Executive. Supplier data management is costing organizations millions of dollars each year. According to AMR Research/Gartner, supplier management organizations have increased their employee headcount and system resources by 35%, and are spending up to $1,000 per supplier annually, to manage their supplier information across the... more