Remove Sourcing Remove Supply Chain Visibility Remove Vendor management
article thumbnail

Risk management solution providers and what their customers really want – Brooklyn Solutions

Spend Matters

For today’s vendor viewpoint we spoke with Nick Francis, Chief Technology and Marketing Officer (CTMO) at Commercial Value Management specialist Brooklyn Solutions. Within vendor management, there has been a significant change in the appetite for risk-related technology.

article thumbnail

The New Look on Industrial Buying

The Good Spending

So, there's no limitation to the competitive sourcing process. T hese routine activities leverage integrated automated systems, enabling supply chain visibility. Examples: framework agreements, Vendor-Managed Inventories. My Udemy course "Adaptive Sourcing: Agile Procurement in Practice."

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Towards stronger, better supplier relationships in 2022

Zycus Cognitive Procurement

For instance, if a supplier is using unethical sourcing techniques, like employing children, it could speak to what you condone as an organization. Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links. Learn More: Vendor Management Guide.

article thumbnail

Supply Base Optimization: 6 Steps to Ensure Success

Procurify

Accordingly, they can be retained as prime source in one category and back up source in the other categories. Sole source suppliers. These suppliers are essential to business success and as such must remain in the supply base. . That being said, you should never rely on a sole vendor for your procurement.

article thumbnail

The 25 Hottest US Procurement Startups

Procurement Software

Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spend management platforms. At its heart is a source-to-pay suite offering a range of functionality, with a complete suite of cloud-based modules. FRDM FRDM is a software company specialising in supply chain risk management.

article thumbnail

Seasoned Leadership in Action™! An Interview with Skip Boothby!

Supply Chain Game Changer

After a career as CEO, COO, President and Division Head of leading supply chain, manufacturing support, and after-market service organizations, he helps companies assess what they have, determine what they need, and decide what to do. Some parts were manufactured internally and most others were sourced around the world.