Jaggaer
OCTOBER 24, 2024
The Future of Supplier Collaboration is Now: AI is Optimizing Supplier Relationships Artificial Intelligence plays a powerful role in effective supplier collaboration. It provides valuable insights, improves supplier management, and facilitates stronger and more profitable supplier relationships.
Jaggaer
OCTOBER 24, 2024
The primary goals of SRM are to foster hand-in-glove supplier relationships, manage risk, and optimize the value chain. In the case of conflicts with suppliers, SRM can recommend corrective actions. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.
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Jaggaer
OCTOBER 24, 2024
Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.
ivalua
DECEMBER 14, 2020
The pandemic wreaked havoc on businesses and their supply chains, but even in these trying times, there’s a silver lining. The job of sourcing professionals is to understand the risk in the supply chain and manage it so they can react quickly when a problem occurs.” Start by Putting the Right Technology in Place.
Una
JANUARY 1, 2024
Resources to help: 8 Benefits of Reducing Maverick Spend How to Optimize Your Spend with a Strategic Sourcing Process 6 Ways to Manage Maverick Spend How to Control Your Wildest Maverick Spenders 3. Make yourself available to guide suppliers through your requirements and answer any questions.
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