Procurement Espresso

Zen And The Art Of Supplier Management

According to a recent survey, 70 percent of suppliers said that a majority of their customers lack strong models or practices to encourage collaboration, leading to a constant need for development improvements and a loss of efficiency.

Best Practices in Supplier Rationalization

Many procurement organizations are at a stage where they have little visibility into their supplier base. The four step approach to Supplier Rationalization would give organizations a clear guide to implement and maintain the rationalization process in-house.

How Shift in Research Methodology impacts Supplier Selection?

Market Research is one of the high spending categories for large companies. In this digital age, traditional research methodologies such as pen and paper and telephone interview have become passé. So what’s next?

End of “business-as-usual” in managing supplier relationship -- a wake-up call

An old adage goes “good fences make good neighbors.” If we extend this logic to buyer-supplier relationship, we could say “good partnerships leads to good business outcomes.”