Supplier Relationship Management (SRM) has been a hot topic for some years now, but technology is changing supplier management just as it is other areas of the procurement lifecycle. Even world class Supply Management organizations have to do something more to maintain their year-over-year contributions to the bottom line with the perfect Procurement storm of high demand, low supply and high market volatility brewing off of the coast. In this session, we will look at the latest thinking in the area of supplier management – not just the SRM around the most critical suppliers, but the wider picture. When we think about how we can achieve competitive advantage in our organizations, it is clear that suppliers must be at the heart of the matter.
- How an average Supply Management organization begins
- Why procurement organizations need real-time visibility into every interaction across their entire company
- How to confidently mitigate risk and improve compliance throughout the complete strategic procurement process
- What a “360 degree view” looks like for proactively monitoring every supplier relationship
Categories: 2017 Fall - Carlsbad, Summit Presentations
SRC Type: Sourcing Management, Third Party Management