Introduction When it comes to procurement, there are a lot of stakeholders involved. It’s all about collaboration—building relationships,...
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Financial Services
How to Evaluate Supplier Information Management Platforms
Imagine this: one of your critical suppliers can’t fulfill your most recent order size due to supply chain disruptions. The order is supposed to be delivered in a week, and...
What Is Category Management and Why Is It Important?
Procurement is one of the most important departments for all businesses. As the primary department in charge of end-to-end organizational spending, procurement ensures that...
Maximizing Your Procurement Process With Supplier Relationship Management
Introduction You’ve probably heard the term “supplier relationship management” before, but what does it mean? And more importantly, how can you implement...
Take Control of Your Sourcing With These Three Agile Procurement Strategies
Introduction Imagine this: Your biggest supplier falls behind on their deliveries, and you’re suddenly faced with a shortage. You scramble to find a new supplier, but...
Increase Agility and Reduce Risk with Accurate Supplier Data Management
Introduction Imagine you are the head of procurement for a midsize company. You are tasked with reducing the company’s risk and creating faster, more agile systems....
