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Friends not Foes, Supplier Relationships Made to Last

ivalua

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. Let’s address why having the right supplier information and supplier relationships is a must. .

Suppliers 246
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‘Return on Relationships’ – the ROI of building supplier relationships and how to measure it

Spend Matters

The annual State of Flux global supplier relationship (SRM) management study made its appearance in London last week at the 2024 Supplier Management Summit in its 16th rendition, this time themed ‘Return on Relationships (RoR). Governance — Determining which suppliers bring the most value to the business and which to prioritize.

Suppliers 114
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smartKYC: Vendor Analysis — Supplier risk solution overview, competitors, user considerations, analyst summary

Spend Matters

This Spend Matters Vendor Analysis gives an overview of smartKYC, a risk (supplier due diligence) solution built to ensure that organizations stay on top of reputational and compliance risks. smartKYC is a solution that helps address such challenges. This content is for members only. Visit the site and log in/register to read.

Risk 111
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AI’s Role in Supplier Collaboration and Information Management

Supply Chain Brain

Artificial intelligence continues to revolutionize buyer-supplier collaboration and information management, offering transformative opportunities to optimize supply chains.

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Return to Success: Streamlining Returns in the Supply Chain for Enhanced Efficiency

Speaker: Cathy Morrow Roberson, Research Manager for the Reverse Logistics Association

While establishing efficient communication channels with suppliers and empowering customers with comprehensive return information can be challenging, it is attainable with the right approach and tools. Efficient return management stands as a crucial strategy for optimizing the supply chain.

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Supplier Diversity Part III: Keeping Pace as an Organization

ivalua

In Part I and Part II of this series, we have investigated the way in which supplier diversity programs have developed over time and which nations are leading the way in the space. The growth of supplier diversity initiatives in these regions (and others) provides unique opportunities and challenges for multinational corporations.

Suppliers 246
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The 3% myth: Why suppliers are willing to pay for virtual cards

Spend Matters

These virtual cards enhance control and visibility over spending while simplifying the payment processes for suppliers and vendors. The surprising truth behind a 3% fee Imagine youre a supplier juggling tight margins, long payment cycles, and increasing operational demands. What may seem like a burden is, in fact, a savvy investment.

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