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Article — 10.5 min read

The Era of Best of Breed Solutions: Experts Weigh In

One of the greatest advantages of working with best-of-breed vendors compared to solutions provided by single suite vendors is that best-of-breed vendors are focused on solving specific use cases within specialist areas, which means that the expertise that they can provide in relation to that area is especially strong. For this reason, there has been […]

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Article — 10.5 min read

Adopting a Supplier Centric Approach

Driven by events at the beginning of the decade, Procurement’s mandate has continued to expand rapidly, as the shift from cost savings to value creation and collaboration gathers pace. Establishing true partnerships has brought the subjects of supplier centricity and customer-of-choice sharply into focus. Being supplier centric means not treating suppliers as a commodity but […]

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Article — 10.5 min read

What Is Supplier Experience Management (SXM) and Why Is It Important?

For far too long organizations have focused their efforts solely on cost savings and the transactional value they can squeeze out of their suppliers. This changed in 2020, as a result of a series of crises, and companies have instead shifted their focus on establishing true partnerships and driving value for all stakeholders through increased […]

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