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What is Supplier Risk Management?

Art of Procurement

Supplier risk management is the effort associated with identifying, assessing, mitigating, and monitoring risks associated with an organization’s third party. The post What is Supplier Risk Management? appeared first on Art of Procurement.

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Supplier Management Explained – Definitions, Elements, and Examples

Art of Procurement

Supplier management refers to the administration of providers of goods and/or services to a business. The post Supplier Management Explained – Definitions, Elements, and Examples appeared first on Art of Procurement. While this sounds straightforward, today’s.

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What is Supplier Relationship Management in Procurement?

Art of Procurement

The post What is Supplier Relationship Management in Procurement? Relationships are the glue that bind the modern networked supply chain together. In a world where market conditions can change. appeared first on Art of Procurement.

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What Exactly is the Supplier Preferencing Model (a.k.a. Supplier Perception Matrix)?

Art of Procurement

As procurement professionals, we often focus on categorizing and managing our suppliers. The post What Exactly is the Supplier Preferencing Model (a.k.a. Supplier Perception Matrix)? In a balanced relationship, it is equally important. appeared first on Art of Procurement.

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Ahlsell Digitizes Management of Trading Goods Suppliers with Ivalua

ivalua

Successful deployment of source-to-contract suite increases tail supplier management efficiency and optimizes overall process automation. Ahlsell was looking to optimize the management of large tail-end trading goods suppliers.

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How to Build A Strategic Sourcing Strategy (that Goes Beyond Category and Supplier Management)

Art of Procurement

When executed well, it’s about holistically managing the entire acquisition. The post How to Build A Strategic Sourcing Strategy (that Goes Beyond Category and Supplier Management) appeared first on Art of Procurement. Strategic sourcing is one of the foundations of modern procurement.

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Supplier Risk and Performance Management

ivalua

A checklist guide to getting the most out of your supplier risk management program. The wave of globalization has made businesses more reliant upon their suppliers than ever before. This reliance can increase supplier risk or uncover a large source of value and supplier innovation for organizations. .