Best Practices for Managing Strategic Suppliers effectively

Managing strategic suppliers effectively is essential to drive competitive advantage for modern global organizations. The key lies in the ability to extract the best from key partners. The presence of strategic vendors and suppliers is critical to provide products or services that meet your company’s major demand requirements and plays a vital role in your […]

5 steps to a successful strategic procurement process

The procurement process is not an easy one to handle. Strategic procurement needs the involvement of an entire organization. It necessitates effort from all departments of a company. A strategic procurement team is essential to set the overall direction for procurement, aligned with the business strategy. In fact, a procurement strategy is one of the […]