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The Future of Supplier Management is Here, and it’s Holistic

ivalua

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

Niebur spoke of risk management as a continuous improvement journey that would never end. There were several things they were looking to accomplish in the near term. I wanted to circle back to Klaus and Jan and get caught up on their journey.

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Successful Strategic Sourcing Engagement? What’s Next?

QAD

As our conversation continued, we focused on the following topics as prime candidates for some of her team’s next steps: Support Long-term Supplier Relationships. Suppliers can better mitigate any issues and maintain focus where efforts are working well. The post Successful Strategic Sourcing Engagement?

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5 Pillars of Effective Supplier Management

Claritum

This article focuses on effective supplier management. The five pillars of effective supplier management covered in this article are: Supplier Information Management. Supplier Lifecycle Management. 3 Supplier Performance Management. Claritum Article - Procurement Blog.

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Vendor Compliance Is Essential to Corporate Social Responsibility

Logility

Smart leaders know the right strategic approach to corporate social responsibility (CSR) is required: one that boosts financial performance, enhances company reputation, strengthens the supply network, and leads to continuous improvement. Manage Suppliers and Vendors Before They Harm Your Brand. It’s just good business.

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Reducing Obsolete Inventory: A Practical Guide

SCMDOJO

Vendor-Managed Inventory (VMI): This is a collaborative approach in which suppliers manage inventory levels for customers and partner with them on real-time demand dates to decrease the inventory burden on both shoulders. The adoption of advanced inventory management systems improves visibility and control.

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6 Strategies for Better Supply Chain Management in the Current Economy

Oracle SCM

Studies show that companies striving for social and environmental sustainability achieve major competitive advantages, especially with regard to production efficiency, supplier management skills, and attractiveness to employees.