Visibility is one of the most important pillars of the procurement business as it is a proxy to making informed decisions.
An effective cloud based Source-to-Contract (S2C) tool can be your saving grace during a crisis like this. Securing your supply chain is a constant struggle, so we've put together a list of questions to ask during your search.
Organizations that are fast-tracking digital transformation to improve supply base visibility will rise to the top while organizations that hold back will be late out of the gate when the markets return to normal.
Include these four strategic goals to optimize your supplier relationship management strategy to cut costs, mitigate risk, streamline operations and extract more value from suppliers.