Tips on Developing Effective Supplier Management Processes
Supplier management processes are a complex, ever-changing realm with myriad factors at play that could significantly alter the performance of an organization. Internally, it is important to monitor...
View ArticleWhy You Need Supply Chain Management Software
Do your homework before choosing supply chain management software So, you’re interested in installing (or, potentially, upgrading) the supply chain management software used in your organization. That’s...
View ArticleA Quick Look at New Procurement Best Practices
The concept of “best practices” – regardless of industry – is a fluid one. The methods and practices that work during one period may not work during another. Business changes and so must our processes....
View ArticleWhat Is Contract Lifecycle Management?
Organizations, both small and large, have to manage contracts. But this responsibility, while critical, is easier said than done. At any given time, a business can be committed to myriad contracts with...
View ArticleCloud Computing and Supply Chain Management
As supply chains start to look more like tangled webs with many suppliers, requester, and shipping partners, cloud-based solutions will be the solution of choice to improve visibility, decision making,...
View ArticleInterview: How Riversol Is Using Their Supply Chain To Build Brand
Interview with Sandi Lesueur, CEO of Riversol Skin Care Solutions Inc. What is Riversol? Riversol Skin Care Solutions is a dermatologist-developed, Canadian skin care line that uses beta-thujaplicin,...
View ArticleHow to Create an Effective Vendor Management Process
A key stakeholder in any successful business is the vendors they work with, which takes a lot of care and consideration to make sure that the company is maximizing the value they are getting out of the...
View ArticleHow to Create the Best Vendor Management Strategy
You likely already work hard to manage relationships with your customers, and hopefully, you give equal attention to your employee relationships as well. Both of these factors are key to long-term...
View Article5 Common Mistakes to Avoid in Supply Chain
Could your business be suffering due to oversights and systemic mistakes in your supply chain? Diagnosing these mistakes can be difficult, but in paying attention to the red flags, you can understand...
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How to Build Better Stakeholder Relationships
If With The theory of stakeholder relationships is an increasingly significant area in the procurement and supply field. Identifying and defining who the stakeholders are vitally important in any...
View ArticleHere’s How to Manage Vendor Risk Effectively
Written by: Sandra Larson, Writer All business organizations have to work with vendors and third-party suppliers. It is very important to examine and study vendors in order to avoid any potential harm...
View ArticleSupply Base Optimization: 6 Steps to Ensure Success
As businesses grow and scale, oftentimes, so does their supply base and the number of suppliers they work with. As you grow, you want to optimize your supply base. According to Industry Star, most...
View Article6 Ways Lean Supply Chain Management Can Benefit Your Organization
For companies who desire optimum productivity, conventional supply chain methods may not fit the bill. Typical supply chains are often less efficient as lean supply chains, and as a result, numerous...
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