SRM is difficult to implement in the supply chain and buyers are often unsure where to start. This article provides a briefing on introducing supplier relationship management for the first time.
Procurement has shifted from a cost-control function to a strategic driver of innovation and resilience in response to geopolitical shifts, tariffs and environmental volatility. However, supplier ...
Supplier relationship management, or SRM, is commonly used by organizations to ensure suppliers adhere to established contract terms and performance objectives. A recent survey conducted by APQC and ...
Editor’s note: The column below is from Len DeCandia, the former global CPO at J&J. You can click here to read an interview with DeCandia. The financial crisis of 2009 had two measurable outcomes on ...
Many companies have adopted a haphazard approach to supplier relationship management. Dennis Snyder, general managing of lighting and decorative hardware with Kohler Co., tells what they need to do in ...
Manufacturers are making strides to reduce their plastic footprint. Mondelez International plans a 25% reduction in rigid virgin plastic between 2020 and 2025, and both Mars and Unilever are dedicated ...
A recent column in the Wall Street Journal described the strategy Apple is using to maintain profits despite softness in their sales and revenue. Specifically—quoting the article—"Apple procurement ...