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supplier diversity

Supplier Diversity: The 5 Critical KPIs

The benefits of supplier diversity are well-documented and widely known. From improved brand reputation and customer loyalty to top-line growth and bottom-line savings, businesses that embrace supplier diversity reap rewards on many fronts. Yet, while the advantages of implementing a program are clear, actually measuring the success of such initiative can be less straightforward. In […]

Featured Articles

5 Best Practices for Supplier Scorecards

Supplier Scorecards are an overlooked but critical component…
SRM-CRM Gap

CEOs Must Close the SRM-CRM Gap

Among Fortune 500 companies, 75% of spend goes to external suppliers.…

Supplier Management: Strategic vs. Critical

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One interesting thing about running a SaaS business is that…

Your Software RFP is Broken – Here’s How to Fix It

Have you ever been involved in a software purchase that failed…

Latest Post

supplier diversity

Supplier Diversity: The 5 Critical KPIs

The benefits of supplier diversity are well-documented and widely known. From improved brand reputation and customer loyalty to top-line growth and bottom-line savings, businesses that embrace supplier diversity reap rewards on many fronts. Yet, while the advantages of implementing a program are clear, actually measuring the success of such initiative can be less straightforward. In […]

Featured Articles

5 Best Practices for Supplier Scorecards

Supplier Scorecards are an overlooked but critical component…
SRM-CRM Gap

CEOs Must Close the SRM-CRM Gap

Among Fortune 500 companies, 75% of spend goes to external suppliers.…

Supplier Management: Strategic vs. Critical

/
One interesting thing about running a SaaS business is that…

Your Software RFP is Broken – Here’s How to Fix It

Have you ever been involved in a software purchase that failed…

Archive

5 Steps to Transform Your Procurement Intake Process

Procurement intake is typically the first interaction a stakeholder has with Procurement in your organization. If the intake process is confusing, opaque, and slow, it is difficult to undo that bad first impression. They may then try to circumvent Procurement, increasing maverick spend, reducing spend under management, and blunting Procurement’s impact. To avoid such problems, […]

Why Supplier Relationship Management Matters for Your Business

It is more important than ever to make sure that your relationships with your suppliers are managed well. Supplier Relationship Management (SRM) is a structured approach to maximizing the value you get from your suppliers. This includes segmenting them into categories, creating a supplier strategy, negotiating contracts, monitoring performance, and leveraging technology. Let’s take a […]

Digital Procurement Download: Near-Shoring, For Real!

1. News Bite: Near-Shoring Happening ‘Faster Than Expected’ If you’ve been following me for the past couple of months, first of all thank you. Second of all, you probably noticed there are a few topics that fascinate me. Number one is off-the-rails IT mega-projects (seriously, someone please identify a 9 figure software project that wasn’t a total […]

Digital Procurement: 5 Principles for Effective Operation

Whether your organization is just building its procurement function, or it’s looking to revamp and modernize, it’s helpful to have a blueprint for building an effective digital-native procurement operation. Here are five principles to follow to meet your goals: Not only does effective digital procurement help you save money on the goods and services your […]