What to Do When Quality and Purchasing Costs Are out of Control
With competition increasing and competitive advantage difficult to sustain, profits in the manufacturing sector today often comes down to cost containment. Unfortunately, market conditions, supply chain issues, labor issues, invasions,...
5 Easy Ways to Improve Supplier Relationship Management
Optimal supplier relationship management requires much more than selecting low-cost, dependable vendors. COVID-19, globalization, and societal shifts have combined to shine a spotlight on how organizations can assure reliable streams...
Among all the human calamity, COVID-19 also demonstrated in no uncertain terms that it is critical for manufacturing firms and other asset-intensive, multi-site enterprises to take steps to minimize supply...
How COVID-19 is Accelerating Digital Supply Chain Transformation in Source to Pay Procurement
As businesses are forced to rethink how they operate amid office closures and supply chain interruptions, COVID-19 has accelerated digital supply chain transformation in MRO and the need for touchless...
The Quest for MRO Procurement Value in a Tech-Savvy World
Posted by on Wed, 06/20/2018 Next Generation…EVERYTHING! The term “Next Generation” may as well be another way of saying: What goes around, comes around. On a regular basis, we try...
Want to Focus on Strategy? First Clean Up Your MRO Supply Chain!
Maintenance, repair and operations (MRO) is a critical—but often overlooked—element of the supply chain. Certainly, when compared to the attention paid to direct materials, MRO can be a procurement and...
Posted on Thu, 04/21/2016 Supplier Relationship Management (SRM) is a systematic, enterprise-wide assessment of suppliers’ assets and capabilities in view of the organizations overall business strategy, a determination of what...
How MRO As-a-Service can embed procurement as the value engine
Posted by Chris Moore on Sun, 03/20/2016 Spend Matters decribes themselves as bloggers. They were the first blog and social media site in the procurement and supply chain sector. But...
Last month, we prefaced this article with defining Supplier Relationship Management and it’s 5 Primary Tasks. For additional background information, read last month’s article. Supplier Agnostic Approach SDI maintains a...
