Recent Articles
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 if you don’t have the full order size, your ability to sell your product will be hindered. How...
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 all business operations function smoothly through the acquisition of key supplies and...
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
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...
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