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5 Steps Towards Modernizing Supplier Management

ivalua

In fact, a recent study from Forrester Consulting commissioned by Ivalua identified only 13% of businesses as leaders when it comes to supplier management, defined by Forrester as having formal programs that are broadly applied across the supply base. Business leaders must adopt a new, holistic approach to supplier management.

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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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What is Supplier Management? Process & Definition Explained

Kodiak Hub

As supply chains become more complex and globally dispersed, Supplier Management has transformed from a basic operational task into a critical strategic function in Procurement and Supply Chain Management. But what exactly does Supplier Management involve? But what exactly does Supplier Management involve?

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Supplier Management: An Important Piece of Your Digital Transformation Puzzle

Talking Logistics

One of those dimensions is inbound logistics and supplier management, which often doesn’t get as much attention as the outbound side. What are the main challenges companies face with supplier management and the. Read more Supplier Management: An Important Piece of Your Digital Transformation Puzzle.

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How Hellenic Bank Transformed Its Indirect Procurement Operations With GEP Software

Discover how GEP SMART, our AI-powered procurement software built on the low-code GEP QUANTUM platform, was deployed with customizations and interfaces to streamline request processes, simplify supplier management, and unify procurement at Hellenic Bank.

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[Video] Supplier Management: An Important Piece of Your Digital Transformation Puzzle

Talking Logistics

One of those dimensions is inbound logistics and supplier management, which often doesn’t get as much attention as the outbound side. What are the main challenges companies face with supplier management and the. Read more [Video] Supplier Management: An Important Piece of Your Digital Transformation Puzzle.

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Supplier Management Best Practices: The Heart of The Supply Chain 

Supply Chain Brief Submitted Articles

Supplier management best practices involve risk management, performance monitoring and management, segmentation, teams, and partnerships.

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Learn How to Transform Procurement with Team Procure Cloud

Team Procure Cloud offers a comprehensive solution to procurement management, streamlining the entire process from purchase requests and approvals to supplier management and inventory control. One of the key features of the platform is the custom approval workflows, which are tailored to each department within an organization.