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Vendor Management Best Practices — The Ultimate Guide of 2022?

Procurement Tactics

Vendor Management Best Practices — The Ultimate Guide of 2022. Vendor management best practices are utilized to boost business growth and productivity. For this article, we will discuss what the best practices in vendor management are. What is Vendor Management? Vendor sourcing .

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Meet AI in Vendor Management Systems

Spend Matters

Over the last several years, a mix of traditional and generative AI (GenAI) have made their way into vendor management solutions and changed how contingent labor and service workers are engaged and managed. The post Meet AI in Vendor Management Systems appeared first on Spend Matters.

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Vendor Management and Mitigating IT Supplier Risk

Una

Vendor Management and Mitigating IT Supplier Risk. Vendor managers have come a long way from being a cost-savings shop. Cost savings will always be on the plate, but vendor managers are now managing risk from a governance and compliance perspective. The risks of ineffective IT vendor management.

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S2P & Vendor Management in Energy Sector - Praveen Kalamegham from Workrise

The Procuretech Podcast

S2P and Vendor Management in the Energy Sector Praveen emphasises the importance of tailored procurement solutions for specific industries, particularly in the energy sector, where complex supply chains and massive capital projects are the norm. A key takeaway is Praveen’s emphasis on adaptability.

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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.

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CPO Spotlight: Nick Priest

Procurement Heads

I really enjoyed those projects and that led me to more and more projects focused on procurement and then into the procurement and sourcing focussed consulting practices and then into the role that I am in now within industry. The two key functional areas are strategic sourcing and category management. How big is the function?

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What is a Sourcing Agency and How does it work?

SCMDOJO

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

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