Tag "Supplier 360"

5 Ways to Improve Your Supplier Onboarding

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

New Supplier Management Survey: Cost Reduction and Compliance are Main Pressures

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

5 Best Practices for Effective Supplier Information Management

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