Supplier relationship management training typically includes instruction on how to improve communication with suppliers, write service level agreements, develop quality plans and establish ...

3. The third category is not as straightforward as the other two. There is a spectrum between being either a supplier of true commodities or being fully strategic. Suppliers in this third category are ...

Category management and Sourcing are arguably the most valuable contributions procurement functions make to their organizations. COVID-19 has created opportunities for Procurement to aggressively ...

Supplier communication and quality were cited as a “serious issue” by 59% and 41% of respondents, respectively, to a recent survey by QIMA. However, compared to their counterparts, businesses with ...

Supply chain management (SCM) is often viewed by small and medium-sized manufacturers as a cost-driven, transactional function. But the cyclical nature of disruptions highlights the critical role of ...

In this sense, one of the most useful tools is CatMan or Category Management . It is a process that helps put the right product in the right place, based on algorithms and data analysis.

Source: Gartner, Market Guide for Supplier Risk Management Solutions, 2023, Cian Curtin, Cheryl Van Dyke, Micky Keck, et al, 4 Dec 2023.