In this article, we’ll explore why SRM is critical in manufacturing, backed by statistics and research, and provide insights into how companies can implement effective SRM programs to achieve success in today’s competitive manufacturing landscape.
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Improve your supply chain management and optimize your relationships with suppliers using data-driven strategies. Discover how enhancing supplier visibility can benefit your business with improved risk management, better supplier relationships, cost savings, compliance, and innovation.
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Supply chain resilience has been one of the hottest topics over the past three years, with numerous disruptions and challenges facing procurement professionals across the globe.
But what does this mean in practice? We believe there are four C’s of resilience that we’ve adapted from psychology that ring true for the supply chain discipline.
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We’ve recently been working with customers that are amidst their digital transformation and realising the power of data and performance to drive relationships – not the contract.
In this article, we discuss how data can help the evolutionary process from contract focus and scouring T&Cs to dish out punitive punishment to supplier relationships that are relationship-focused and mutually beneficial.
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We’ve all been in those contract negotiation meetings with suppliers on one side of the table and buyers on the other. It often feels like it’s the way to “do business” with a bit of good cop/bad cop interplay that can actually undermine the relationship from the get-go. So what’s the solution? This article proposes a more relational, contemporary, collaborative approach to supplier relationship management and shows how an SRM platform helps you achieve this.
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We believe skilled labour and talent and human resource management difficulties will be the biggest challenge for the construction and engineering sector for the next 12 months, so companies that plan effectively will emerge ahead of the competition.
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In contrast to the conflation that sustainable means “green”, the push for sustainability should encompass a multitude of other business goals and organisational values. In this article, we discuss where the push for sustainable business practice comes from and what you can do to prepare for the ever-increasing demands for this in your business.
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As we reach the midpoint of the year, it’s a great time to reflect on the state of the industry at halftime. How is the industry performing? What have been the key trends and themes emerging for the construction supply chain and how can you prepare for the second half of 2022?
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Supply chain issues seem to be front and centre of many business meetings at the moment, and this reaches far beyond the procurement and operations teams. Supply chain teams don’t operate in a vacuum and the delicate interplay with sales is becoming ever more vital for company success. Here, we look at a particular example of Ford which has stopped taking Fiesta orders after supply chain issues ‘significantly affect’ production. What has driven this decision and what can we learn from their approach?
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With so many strong external forces at play in the supply chain world at the moment, it’s easy to feel out of control. The truth is that no one can control everything and you can be forgiven for that feeling of powerlessness but there are still many strategies you can still employ to boost effectiveness and efficiency in these complex times, here are our top five…
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