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As a modern day procurement professional, you need to have strong analytical skills and the ability to make data-informed decisions…

Supplier Performance Management (SPM) is one of the key foundations of supplier management. When executed well, SPM provides procurement with…

A typical enterprise-scale business collaborates with thousands or even tens of thousands of suppliers. This volume of relationships requires procurement…

Supplier risk management is the effort associated with identifying, assessing, mitigating, and monitoring risks associated with an organization's third party…

Relationships are the glue that bind the modern networked supply chain together. In a world where market conditions can change…

Supplier management refers to the administration of providers of goods and/or services to a business. While this sounds straightforward, today's…

If you work in procurement, it’s hard to avoid the topic of technology. Most procurement organizations have gone through decade-long…

As a procurement professional, you need to be able to analyze and understand your organization’s spending patterns in fine detail.…

There is no shortage of spend analysis solutions available on the market today. With so many options to choose from,…

As procurement professionals, we often focus on categorizing and managing our suppliers. In a balanced relationship, it is equally important…