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Supplier Management

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Article — 30 min read

A Comprehensive Guide to Effective Supplier Risk Management

What is supplier risk management? Supplier risk management (which can be referred to as SRM, although this acronym more commonly means supplier relationship management) is a process that identifies, assesses and mitigates threats posed in the organization’s supply chain that have the potential to impact revenue generation and profit. It should be considered an essential […]

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Article — 13.5 min read

Mastering Supplier Information Management: A Comprehensive Guide

In the fast-paced modern business landscape, one area that consistently demands attention and strategizing is the management of supplier information. It is a pivotal component of supply chains for organizations of all sizes due to the increasingly complex dynamics of today’s global market that interconnects organizations, suppliers and consumers. This increasingly competitive landscape combined with […]

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Article — 10.5 min read

What Is Supplier Lifecycle Management & How Does It Help Manage Supplier Performance?

Supplier Lifecycle Management (SLM) allows organizations and their suppliers to develop and cultivate more productive and mutually beneficial business relationships. Nurturing and managing vendor performance through supplier lifecycle management processes enables the organization to control and shape the supplier lifecycle and performance to its advantage while also ensuring that the vendor is set up to […]

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