Risk management in procurement is similar to exercising: everyone knows they should be doing it but can’t find the will or time to actually do it.
One of the biggest hurdles for implementing a deep, automated Supply Base Management (SBM) program is getting the buy-in necessary from your stakeholders for participation and, importantly, budget.
Do you have a structured supply risk management approach? If not, you need one and here’s how to start.
At Scanmarket we pride ourselves on achieving true partnership status with our customers. We work closely with each one to ensure the best sourcing results and quickest ROI. But don’t just take our word for it..
Procurement is changing. Fast. If you want to know what’s up next for Procurement, keep reading...
There’s a lot of advice out there regarding the “best” procurement structure. What should you actually be considering?
Including non-price variables in your strategic sourcing negotiations is important. Sure, we focus on price, but we need to keep in mind that multiple other factors will impact the overall value of your negotiation.
The Procurement organisation often reports up through Finance. It's believed to align incentives, cultures and teams. However, there’s a catch.
Today, Scanmarket released its Q2 eAuction Statistics for activity on the Scanmarket platform.