Remove Global Sourcing Remove Negotiation Remove Sustainability
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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

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As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. The biggest gains in sustainability typically come from working with suppliers rather than finding new ones.

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5 Steps Towards Modernizing Supplier Management

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Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers. Effectively managing suppliers is now one of the most important factors in organizational success.