Supplier Management Archives - Productivity Lab
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Supplier Management

Supplier segmentation is the foundation for supplier performance management as well as heavily influencing category strategies, and a detailed, up-to-date segmentation can unlock millions of dollars for a large business. Yet, many businesses conduct segmentation as a one-off activity, considering mainly spend or business criticality...

Supplier Performance is one of the top areas of concern for Procurement professionals, and still, many organizations still do not have proper Supplier Performance Management (SPM) frameworks and supporting IT solutions and data infrastructure in place. Effective SPM though, starts with the basics....