The Role of Technology in Effective Supplier Management
Research reports suggest that 14% - 30% of annual contract value remains at stake due to lack of an effective supplier management and governance framework. Leaving that kind of value on the table can be the difference between good and poor buyer-supplier relationships. Often the issues and the mistrust encountered during contract execution are based on differences in service delivery and performance data on either side. Learn how technology can play an important role in building trust by enhancing the transparency in sourcing transactions.
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Research reports suggest that 14% - 30% of annual contract value remains at stake due to lack of an effective supplier management and governance framework. Leaving that kind of value on the table can be the difference between good and poor buyer-supplier relationships. Often the issues and the mistrust encountered during contract execution are based on differences in service delivery and performance data on either side. Learn how technology can play an important role in building trust by enhancing the transparency in sourcing transactions.