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Supplier Motivation, A Key Component of Supplier Management

ivalua

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Traditional procurement approaches prioritised lowest price, which led to unintended consequences like accepting bids of lower quality, a lesser performance record or that did not adequately allow buyers to consider equity, sustainability or socio-economic objectives like creating local jobs.

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Ethics in the Supply Chain

Oxford College of Procurement and Supply

As a procurement professional it is paramount that “we” are aware of the conduct of our suppliers within all tiers of our supply chain. Any supplier within our chain should be performing positively in relation to these areas if they wish to remain on an approved supplier database. How much of your waste goes into landfill?

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Evaluate the Options: Vendor Networks

Procureware

As a procurement manager, you know how important suppliers are to your organization. Their performance is crucial to achieving your financial, performance and quality objectives, and a poor supplier creates risks for everything from budget overruns to missed schedules and liability lawsuits.

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How Lithuania fast-tracked green procurement

Open Contracting Partnership

The government took three key steps: i) careful planning for the green transition; ii) implementing green public procurement (GPP) in practice with a focus on building the capacity of public buyers; and iii) learning powered by data-driven monitoring with a public dashboard. Or how could buyers minimize the very real risk of greenwashing?

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In-Depth Analysis of Framework Agreements in Public Sector Procurement

Tracker Intelligence

Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. Tracker Intelligence provides businesses with the tools to find the right public procurement frameworks , and the insight to help suppliers win these valuable contracts.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

As teams worked with suppliers through creative solutions, it became obvious that transparency and supplier risk management are essential components to maintain stability during crises like these. Procurement technology can also help businesses improve supplier relationships and enhance communication between buyers and suppliers.