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This is NOT thought leadership, it’s practical talk about Supplier Value Management

ivalua

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.

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Supplier Motivation, A Key Component of Supplier Management

ivalua

As we have already seen in a former blog , enterprises often fail at maximizing the value of collaborating with smaller companies. Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. In fact, they ask suppliers to assess Procurement too.

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The Future of Supplier Management is Here, and it’s Holistic

ivalua

The Future of Supplier Management is Here, and it’s Holistic. Leading, high-performing procurement organizations share one common trait–they consistently prioritize a holistic and integrated approach to Supplier Management. In fact, they go beyond simply supplier management, what they do is Supplier Engagement.

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This is NOT Thought Leadership, it’s Practical Talk About Supplier Value Management

ivalua

That said, I concede that Pierre made some very good points about the confusion created by the traditional upstream/downstream, linear way of thinking about sourcing and supplier management. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.

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CSR is Good for Business, an Independent Consulting Study Reports, but Official Targets & Policies are Lagging Behind

ivalua

35% of respondents are lacking systems to enable effective, scalable collaboration to empower supply-chain partners in support of their CSR strategies and policies. This is followed by a lack of systems to enable effective, scalable collaboration.

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Creating a small and diverse vendor engagement strategy

Bonfire

Some phrases or acronyms you may have seen around this topic include: disadvantaged business enterprise (DBE); diversity, equity, and inclusion (DEI); or supplier diversity. At what point did diverse suppliers or small suppliers become a priority? Put in as much effort as you can so your target businesses don’t have to.

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3 Reasons Why Procurement Leaders Must Act Now to Tackle the Digital Skills Shortage

ivalua

The role of procurement has transformed over the last decade, from cost-cutter to a vital ally that can inform and enable business strategy. Role of Procurement is not what it used to be. COVID-19 has only served to cement the procurement department’s status as a key stakeholder.