Establishing enduring and effective suppliers

Our expertise comes from our research that is not found anywhere else in the industry. It can help you make Supplier Relationship Management impactful to your organization. Consider these insights as you look to assess and improve your Supplier Relationship Management efforts.

Definition

Managing supplier relationships require the governance and engagement across the lifecycle of interactions to the desired outcomes while mitigating risk and improving profitability.

Research Fact

As the vast majority of organizations that engage with suppliers lack the insight and ability to act upon insights and requirements that ensure supplier experiences will align to expected outcomes.

Best Practice

Organizations should manage supplier relationships with more than a focus to mitigate risk and increase profitability but ensure the sustained operations of their value to the organization.

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