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Maximizing Your Procurement Process With Supplier Relationship Management

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 it in your procurement process? Put simply, supplier relationship management (SRM) is the practice of managing...

Take Control of Your Sourcing With These Three Agile Procurement Strategies

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 you can’t find a suitable replacement in time to meet your deadline. What do you do? This is just one...

Increase Agility and Reduce Risk with Accurate Supplier Data Management

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. One way to achieve both of these goals is by improving the accuracy of your supplier data. Accurate...

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