Like much of life, sourcing is full of opportunities to make costly legal mistakes that could easily be averted. You can form ineffective contracts, violate laws, sacrifice value and violate third...
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Numerous suppliers have copies of your data or access to your systems. Few to no suppliers promise absolute data security or indemnify you for the full harm you suffer from a data security breach...
The Report to the General Motors Board on the Ignition Switch Recall will eventually be a case study used in business schools around the world. The Report contains specific lessons on interactions...
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...
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.