All Things Supply Chain

JANUARY 8, 2017

Frustration, insufficient information, and a lack of co-operation can ultimately lead to an unnecessary supply chain crisis – putting your brand reputation at risk. Procurement and supply chain leaders face common problems on a daily basis when it comes to … Continue reading →

Supplier relationship management 197

Supplier relationship management Suppliers Management Supply chain 197

ivalua

MAY 31, 2022

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

Suppliers Supplier relationship management supply chain software solutions Agile and Lean Supply Chain 246

ProcurePort

SEPTEMBER 25, 2019

Regarding the soft skills requirements, the difference between job description for sales and supplier relations departments is entirely irrelevant. The post Supplier Relationship Management vs Key Account Management: Is There a Difference?

Supplier relationship management 100

Supplier relationship management Suppliers Management Procurement 100

Spend Matters

NOVEMBER 14, 2024

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). Those organizations also supported the suppliers that needed it.

Suppliers 114

Suppliers Raw materials Collaboration Management 114

Procurement Templates

NOVEMBER 21, 2024

Here’s a detailed guide to enhance procurement capabilities across various domains: Strategic Sourcing and Supplier Management Actionable Steps: Analyze Spend Data: Use spend analysis tools to identify areas where costs can be reduced or efficiencies improved. Workshops on negotiation and supplier relationship management.

Agile and Lean Supply Chain 130

Agile and Lean Supply Chain supply chain budgeting Supply Chain Optimization supply chain software solutions 130

Procurement Templates

DECEMBER 11, 2024

Strategic Objectives Cost Savings: Achieve cost reduction targets through effective supplier negotiations and strategic sourcing. Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Stronger relationships yields better results long term.

Procurement 130

Procurement Supply Chain Efficiency supply chain budgeting Cost of ownership 130

SCMDOJO

JANUARY 9, 2025

Strategic Sourcing: The Foundation of Effective Procurement Strategic sourcing is far more than simply choosing suppliers. It involves a methodical approach aimed at developing long-term supplier relationships, mitigating risks, and improving overall cost efficiency. Click here!

Strategic sourcing 98

Strategic sourcing Strategic sourcing Sourcing Procurement 98

ProcurePort

MAY 31, 2023

Effective supplier management is crucial for businesses to maintain smooth operations in their supply chain and drive growth. However, the process of onboarding new suppliers, gathering their information, and managing supplier data can be time-consuming and prone to errors when done manually.

supply chain software solutions 130

supply chain software solutions Suppliers Data Management 130

RPF360

AUGUST 11, 2022

Vendor onboarding is an essential element of successful supplier relationship management. Explore this topic as well as how RFP management software automates and centralizes the vendor onboarding process. The post Vendor onboarding: Process guide, checklist and tips appeared first on RFP360.

Supplier relationship management 219

Supplier relationship management Suppliers Management 219

Skill Dynamics

FEBRUARY 6, 2024

Supplier relationship management is a business strategy utilized by organizations to strategically build relationships with their suppliers that are mutually beneficial. The entire relationship needs to be considered from the point of view of growth.

Supplier relationship management 59

Supplier relationship management Suppliers Supply Chain Efficiency Management 59

Jaggaer

OCTOBER 24, 2024

Supplier Collaboration: Fundamental to Elevating Manufacturing Performance Supplier relationships are at the heart of manufacturing performance. That’s why supplier collaboration—that consistent, trusted, and responsive interaction between supplier and manufacturer—is pivotal to manufacturing success.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Jaggaer

OCTOBER 24, 2024

The Art of Supplier Collaboration: Best Practices to Build Lasting Partnerships Dynamic market changes and global events seem to create newer demands and greater pressure on procurement professionals. Growth Strategic supplier relationships are vital for supporting business growth.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency supply chain software solutions 52

ivalua

MARCH 30, 2022

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 130

Suppliers Supplier relationship management supply chain software solutions Supply Chain Efficiency 130

Art of Procurement

AUGUST 22, 2024

Relationships are the glue that bind the modern networked supply chain together. The post What is Supplier Relationship Management in Procurement? In a world where market conditions can change. appeared first on Art of Procurement.

Supplier relationship management 52

Supplier relationship management Suppliers Management Procurement 52

SCMDOJO

OCTOBER 28, 2024

By understanding the S&OP process, procurement teams can make more informed decisions, improve supplier relationships, and support overall business growth. They can get involved in the Demand Review of S&OP and see the NPI pipeline and also any changes in product design changes and communicate with suppliers proactively.

Procurement 97

Procurement Supply Chain Optimization supply chain budgeting Supply Chain Efficiency 97

Planergy

MARCH 19, 2025

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. Effective supplier management is essential for educational institutions. What is Supplier Management? Never make decisions based on price alone.

Suppliers 52

Suppliers Management supply chain budgeting Supply Chain Efficiency 52

Art of Procurement

DECEMBER 1, 2024

The post Is Supplier Relationship Management the Key to Procurement’s Success? “If you want to be a customer of choice, it’s not going to come down to the contract, it’s going. appeared first on Art of Procurement.

Supplier relationship management 52

Supplier relationship management Suppliers Management Contract 52

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

Suppliers 147

Suppliers Management Supply Chain Efficiency Innovation 147

Procurement Tactics

AUGUST 16, 2022

Supplier Management — The Ultimate Guide of 2022. Supplier management is crucial for organizations that have many vendors or suppliers. They need to manage their supplier to maintain the relationship that they have built. For this article, we will discuss what supplier management is.

Suppliers 130

Suppliers Supply Chain Efficiency Management Supplier relationship management 130

ivalua

AUGUST 1, 2022

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.

Suppliers 130

Suppliers Management Supply Chain Efficiency Supplier relationship management 130

ivalua

DECEMBER 5, 2019

As a result, the role of the supplier has grown in importance – for example, much of the innovation in the aerospace market comes from suppliers rather than traditional aerospace firms. Suppliers offer an excellent source of knowledge to help businesses rapidly innovate. Cost-focused approaches block innovation.

Innovation 170

Innovation Suppliers Procurement Collaboration 170

Procurement Leaders

OCTOBER 7, 2024

Challenge Pharmaceutical company Gilead has a well-established supplier emissions-reduction programme and science-based targets, but aims to increase its use of primary data – especially among suppliers it considers most critically important.

Suppliers 130

Suppliers Supplier relationship management Import Collaboration 130

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.

Collaboration 52

Collaboration Supply Chain Efficiency Suppliers Real-time Visibility 52

Una

APRIL 13, 2023

Pain Points in Procurement Series Moving Supplier Relationships from Transactional to Strategic Tips for shifting your supplier relationships from transactional to strategic in an effort produce more cost-saving ideas and value. Transactional versus strategic supplier relationships See the difference?

Suppliers 98

Suppliers Supplier relationship management Agile and Lean Supply Chain Supply Chain Optimization 98

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

TYA Suite

AUGUST 6, 2024

At its core, procurement involves building and maintaining robust relationships with suppliers to ensure a seamless flow of operations. This is where supplier relationship management (SRM) plays a pivotal role. The essence of SRM lies in recognizing the interdependence between an organization and its suppliers.

Supplier relationship management 40

Supplier relationship management Suppliers Import Management 40

Procurement Leaders

DECEMBER 9, 2022

Here, CPO Eric Espinasse describes some of the strategies he has employed to manage the market volatility, from building up inventory to advanced segmentation and closer supplier relationships. We have refocused some of our efforts on making Ferring higher on the priority list of our strategic suppliers.

Suppliers 147

Suppliers Bill of materials Raw materials Supplier relationship management 147

Procurement Heads

JANUARY 4, 2023

In 2020, I moved back into corporate life as Head Of Supplier Relationship Management with Coventry Building Society. We have teams that look after risk and excellence because in financial services we need to demonstrate to our regulators that we have appropriate controls in procurement and supplier management.

Supply Chain Efficiency 246

Supply Chain Efficiency Agile and Lean Supply Chain Sustainability Suppliers 246

Procurement Leaders

MAY 2, 2024

We spoke a lot about value creation, about supplier relationship management and about how he was structuring his team with that purpose in mind. And it’s the reason why he shared that fewer than 20 suppliers were embedded formally into the company’s supplier relationship management (SRM) programme.

Supplier relationship management 130

Supplier relationship management Risk management Sustainability Leadership 130

ivalua

FEBRUARY 24, 2021

In Accounts Payable, it’s the Supplier inquiry. However, could this interruption by your supplier be turned into an automation opportunity. Bad Supplier Relationship Management is the kryptonite for AP . 6 Steps to empowering your Suppliers . 6 Steps to empowering your Suppliers . Pay on time.

Suppliers 130

Suppliers supply chain budgeting Supplier relationship management Eprocurement 130

ivalua

MAY 9, 2019

The most fundamental spend categorization in Procurement is the line between direct and indirect spend, but one effort that transcends this split is supplier management. This includes supplier information management, supply chain risk management/mitigation, and supplier performance management.

Suppliers 145

Suppliers Management Risk Purchasing 145

ABC of Procurement

JULY 14, 2023

Procurement does not have only SRM - Supplier relationship management. The post Stakeholder management first appeared on ABC of Procurement. We have an equally important element - our stakeholders.

Management 130

Management Supplier relationship management Suppliers Procurement 130

ivalua

FEBRUARY 8, 2023

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Be proactive to mitigate supply chain risk by understanding your suppliers. Create speed and transparency.

Supply chain resilience 242

Supply chain resilience Supply Chain Efficiency supply chain budgeting Agile and Lean Supply Chain 242

Supply Chain Game Changer

NOVEMBER 11, 2021

What is Supplier Relationship Management (SRM)? Reliable supplier article and permission to publish here provided by Carol Trehearn. Your business is only as exceptional as the goods or services it offers, and to get exceptional products, the right supplier is a must. Email Address. The supply chain is complex.

Quality 91

Quality Suppliers Supplier relationship management Ethics 91

SCMDOJO

NOVEMBER 20, 2024

Supply Chain Collaboration Solid relationships with suppliers can enhance supply chain visibility. Collaboration is at its peak when forecasting is robust and solid industry relationships guarantee growth. Supplier Relationships Weak supplier relationships can lead to supply chain disruptions and excess inventory.

Inventory 98

Inventory Supply Chain Optimization Supply Chain Efficiency Real-time Visibility 98

Spend Matters

OCTOBER 23, 2023

In this Spend Matters Vendor Analysis we provide an overview of AnyData Solutions and its solution for spend analytics, contract management, supplier relationship management and ESG/performance tracking. In the world of business, procurement departments play a pivotal role in shaping an organization’s success.

Contract management 114

Contract management Contract Supplier relationship management Management 114

SCMDOJO

FEBRUARY 15, 2025

Improve collaboration between suppliers, manufacturers, and logistics partners. How to Apply the Principles to Supply Chain Risk Mitigation Identify and Assess Risks Risk management is a fundamental aspect of supply chain operations and is essential for minimizing disruptions.

Project management 91

Project management Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization 91