Managing Supplier Risk
Globally integrated and complex supply chains lead to barriers in identifying risk concentration. Dependence on a select supplier, in case of a single-sourcing strategy has increased the supply risks....
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Prolonged Recovery – What more can CPOs do?
With talks of the U.S. heading for a double dip recession doing the rounds, companies are grappling to come up with ways to endure the uncertain future. Emerging from the recession, companies have...
View ArticleVendor Agreement vs. Vendor Alignment
True Success Depends on Defining and Contracting for What Really Is Important Has your organization claimed “success” when it got a large deal signed? This large deal could be a BPO agreement, an IT...
View ArticleVendor Management vs. Strategic Sourcing – Where to Focus
Companies that have had a multi-year focus on strategic sourcing, have sourced their major categories and have an adopted enterprise-wide sourcing process need to consider a decision: Is there enough...
View ArticleVendor Management vs. Strategic Sourcing – Where to Focus: Part 2
In the first part of this vendor management series, we highlighted the benefits of engaging a Procurement Outsourcing provider to help you roll out your vendor management drive. In the second part of...
View ArticleWhy Supplier Risk and Performance Management Matters to Business
GEP and Forrester Webinar: Why Supplier Risk and Performance Management Matters to Business Supplier risk and performance management solutions are gaining traction as a new product in the ePurchasing...
View ArticleRisks of Not Completing Competitive Due Diligence and Negotiation in Sourcing
The shortlist of potential suppliers is identified. Due diligence is about to start. Anxiety is building to make a selection, maintain a schedule, “pull value forward,” leverage existing...
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BLOCKCHAINS – IMPROVING TRUST AND VISIBILITY ALONG THE SUPPLY CHAIN
Blockchain startups have been gaining traction over the past few years. Earlier this year, PricewaterhouseCoopers (PwC) entered into a strategic partnership with a blockchain startup named Blockstream....
View ArticleToyota’s Lessons in Disaster Management: ‘How Quickly Can We Recover?’
Learning the Hard Way in Times of Trouble Toyota relies on its Just-in-Time inventory system to reduce storage costs and maintain quality control of its parts. It’s an efficient system that, in...
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