There are a lot of conversations about operational resilience today, and several interpretations of the term exist. The best definition to start with is this: Operational resilience is the ability...
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Today's multifactorial supply chain crises come at a time when many procurement teams are under pressure to deliver on ever-growing mandates related to Supplier Risk, ESG initiatives, and of...
Supply shortages, logistics delays, reputational harm, regulatory compliance, fines, cost increases, lost customers. The impacts of the compounding risks found in today's extended global supply...
Procurement's mandate in 2022 has expanded well beyond "getting the best price". Sustainability, diversity, risk, innovation and other goals have evolved from background issues into primary...
The Future of Sourcing Awards program recognizes organizations that show innovation, leadership and transformation in categories that are critical to the sourcing industry. The Awards bring...
The Future of Sourcing Awards program recognizes organizations that show innovation, leadership and transformation in categories that are critical to the sourcing industry. The Awards bring...
The consensus on SRM is that it isn’t feasible to closely manage 100% of your supplier relationships, and therefore you should use a prioritization framework (like a Kraljic Matrix) to segment...
Supplier onboarding and performance evaluation are critical targets for digital transformation: manual and paper-based processes are costly, time-consuming, and create risk by incentivizing non-...
Your suppliers score 100% of their relationships, and you should too.
Revenue generation is a critical mission in the current economic climate. Unclaimed Property provides an opportunity for any organization to review, and the economic benefits can potentially...