JAGGEAR supplier collaboration

Building a Culture of Supplier Collaboration

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Businesses are moving faster than ever –automating, streamlining, fast-tracking – and collaboration is increasingly an important way to enhance your supplier relationships.

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Build Strategic Relationships with Your Suppliers with the Help of this Checklist

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One of the top procurement trends in 2016 is focus of building strong, collaborative relationships with key suppliers. It is an area of business more people are focusing on for numerous reasons. We’ve discussed these relationships here on the blog recently, including ways to make the shift from that of adversaries to partners, highlighting the […]

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Why Leveraging Supplier Performance Management Data is Critical for Maximizing Value

Why Leveraging Supplier Performance Management Data is Critical for Maximizing Value

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Supplier Performance Management (SPM) requires a lot of data and a great deal of analysis. Fortunately, there are tools in the market to help you run a formal SPM program so you don’t have to resort to managing spreadsheets and manual supplier-related data analysis. That’s good news because industry experts agree that supplier performance management […]

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3 Ways to Outdo Yourself in Spend Management

3 Ways to Outdo Yourself in Spend Management

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Spend management professionals have become victims of their own early successes. Driving down costs in double digit increments over multiple years through the application of technology and best practices has resulted in an expectation from the CFO and others that the party will continue. In addition, each new spend management solution uncovers new internal process […]

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When “Best of Breed” Supplier Management Isn’t – Don’t Get Burned

When “Best of Breed” Supplier Management Isn’t – Don’t Get Burned

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Successful supplier management requires multiple perspectives from purchasing, finance, IT, compliance, and supply chain management in order to achieve the business impact your C-suite expects. Regardless of where the process begins, whether it’s in accounts payable, compliance, sourcing or procurement, a single source of truth ensures that all parties use the most accurate and complete supplier data […]

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How Suppliers and Organizations Can Work Together Towards a Shared Vision of Success

How Suppliers and Organizations Can Work Together Towards a Shared Vision of Success

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Note: This is the 4th in a series of 5 blogs about Supplier Relationship Management. Thus far in our supplier relationship management discussion of shifting relationships with suppliers from that of adversaries to partners, we have also highlighted how CPOs can influence that shift and what administrators can do to improve this relationship. These blogs […]

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Influencing the Shift in Supplier Relationship Management: The Role of Administrators

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So far in this blog series we’ve discussed how we as procurement professionals need to change our view of supplier relationship management in order to shift to more of a partnership, rather than an adversary relationship, and we have highlighted some of the steps CPOs can take to influence this change. Now that your CPO […]

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Why Supplier Management is More Critical Than Ever to Global Organisations

Why Supplier Management is More Critical Than Ever to Global Organisations

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Your business needs rapid access to key products, raw materials and consumables from your supplier network. Timely acquisition and fulfilment of orders allow your company to function with minimum local stock levels, which reduces the capital outlay required to maintain operations. Developing this level of confidence in your suppliers can take many years, and usually […]

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The Best Solutions for Automating Your Business Processes

The Best Solutions for Automating Your Business Processes

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Have you ever tried to streamline your procurement and spend workflow to eliminate as many paper-laden processes as possible? If so, you’ll know it’s difficult because finding a system everyone can use can be overwhelming. So how do you optimize your business process automation? Business process automation can happen in many forms, whether it be […]

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How can the Chief Procurement Officer Influence Supplier Relationship Management?

How can the Chief Procurement Officer Influence Supplier Relationship Management?

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Note: This is the second in a series of 5 blogs about Supplier Relationship Management. You can see all the blogs at https://www.jaggaer.com/blog/tags/supplier-relationship-management As we discussed in the first blog of this series, Supplier Management Relationships: Shifting from Adversaries to Partners, often procurement professionals neglect to engage suppliers as strategic partners, and this oversight is […]

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