Better Supplier Relationships Start With Supplier Information Management (SIM)

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Article — 18 min read

Why Supplier Information Management (SIM) Is Key To Detecting and Preventing Fraud

Fraud is a prevalent issue that impacts society as a whole and requires ongoing attention to reduce threats from fraudsters’ increasingly sophisticated tactics. It is currently on the rise and is forecast to continue on that trajectory for the foreseeable future. According to procurement consultants Comprara, it is estimated that by 2027, more than $348 […]

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Article — 10.5 min read

How to Save Money with Supplier Information Management

According to the Logistics Bureau, strategically reducing supply chain costs can substantially boost net profits, while the scope for potential reductions remains wide open. This underlines the importance of taking a structured approach to savings within organizations’ supply chains, in which a customized Supplier Information Management platform can act as a catalyst for uncovering hidden […]

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Article — 9 min read

Creating Net Efficiency in the Supply Chain Through a Supplier Experience Lens

The Supplier Experience Live 2023 event was closed by Costas Xyloyiannis, CEO of HICX, who provided his view on where the supplier experience journey will take us next, the impact that technology will have, and why its impact will need out-of-the-box thinking in order to create net efficiency gains.  This article will cover:   Why technology […]

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Article — 4.5 min read

The Benefits of Focusing on Supplier Centricity and Supplier Experience

Voice of the Supplier Survey 2024 Building strong supplier relationships is more crucial than ever in today’s competitive business environment. However, our 2024 Voice of the Supplier Survey uncovered some critical insights that revealed that, rather than being set up for success, suppliers often feel too stretched to innovate, as they explain what they feel would […]

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