European supply chains

How Europe is Coping with Supply Chain Disruption

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Adapting to the present and future challenges of COVID-19 Can the complex global supply network survive the COVID-19 pandemic? And, assuming it can, how will it adapt to the new realities? Define your procurement response strategy. Catch the on-demand webinar on building business continuity plans and business strategies for the short, mid and long-term. Just-in-time […]

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Identifying and Mitigating Supply Chain Risk in the Age of COVID-19

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The raging COVID-19 epidemic has presented the world with a “once in a century” moment of reckoning. With an ever more connected global economy, and almost instantaneous news transmission, the impact of global health has multiplied since the last global (SARS) epidemic in 2003. Just as the human body needs its vital organs functioning well to stay alive and fight […]

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Corporate Sustainability: Why Procurement Should Pave the Way

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Talk of corporate sustainability and responsibility is higher than ever. According to a recent New York Times article, 181 CEOs jointly released a statement on “the purpose of a corporation.” In it, they redefined the role of business away from simply supporting shareholders, instead stating that a company has an obligation to “protect the environment,” and “deal fairly [...]

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Strategic supplier management

What Makes a Supplier “Strategic”? Not Spend Volume.

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The recent disruptions to supply chains caused by the coronavirus epidemic in China have given supply managers the world over pause for thought. Now more than ever, businesses must improve the efficiency of their supply chains not only to maintain a competitive advantage but also to reduce risk. Leverage your supplier management for maximum benefit […]

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Coronavirus Highlights Fragility of Global Supply Networks

Coronavirus Highlights Fragility of Global Supply Networks

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As public health epidemiologists warn that the coronavirus epidemic is far worse than earlier envisaged and that other countries should consider tough containment measures similar to those imposed in China, the likely human cost of the outbreak is enormous. The ease with which the virus can be spread, even by people who have never been […]

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Annual supplier meeting

Forgotten About This in Your Annual Supplier Meetings?

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With 2020 well and truly begun, the timely question of whether you’ve had you had your annual supplier meetings yet, or not, springs to mind. If you haven’t, do your suppliers know what you expect from them? And if your answer is ,”Definitely! All done. We’ve updated prices so everything is now sorted”, ask yourself […]

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Holistic supplier relationship management

Why An Holistic Approach to Suppliers? Your Questions Answered

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Last week, Director of Product Management Georg Rösch hosted a webinar that asked the question, “Why is it important to take a holistic approach to supplier management?” His 45-minute presentation outlined the crucial functions of a supplier management approach and the advantages of managing suppliers well which generated a few insightful questions from our audience.  In an effort to provide you [...]

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AI for Better Supplier Collaboration: First, Get Your Data in Order

AI for Better Supplier Collaboration: First, Get Your Data in Order

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Most software vendors have taken an applications-driven approach to delivering solutions. They have identified the main challenges faced by procurement professionals and developed applications that address those specific challenges. This has brought benefits but not sustainable value, especially when buyers have looked for “best-of-breed” point solutions with limited interoperability. The result has been isolated applications, […]

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AI to improve decision-making in sourcing and procurement

Artificial Intelligence to Improve Decision-Making in Procurement

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What Is the Best Way to Secure Sustainable Competitive Advantage from New Technologies? Until now the focus of attention has been process automation or augmentation. Our recently published report, “Digital Transformation in Procurement: How Close Are We?”, which is based on a global survey with responses from 391 CPOs and other senior procurement decision makers, […]

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How to Improve Supplier Communications Through Online Chat

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Online chat has become ubiquitous among all types of businesses and industries looking to drive sales and improve customer relationships. In the same vein, instant communications can become a key tool in the procurement arsenal to improve supply chain relationship management. A perpetual mission among procurement leaders is finding better ways to improve quality and […]

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