Vendor Management

Procurement data to decisions: Actually acting on ‘actionable’ insights

Monday, July 1, 2024 · Matthew Buckingham, vice president of business development & alliances, Focal Point
With modern procurement software, API-enabled data flows, and AI-guided processes, procurement teams get to focus on what they do best: setting strategy, managing projects, and identifying spending optimization opportunities.

Supplier, vendor inequality hinders supply chain’s competitive edge

Monday, May 20, 2024 · Norman Katz
In a commoditized world, execution is the new competitive edge, and this includes working with suppliers and vendors to unleash new technologies and create unique products.

Brands Make Vendor Compliance an Investment, Not a Cost

Monday, December 18, 2023 · Norman Katz
Traditionally, vendors viewed vendor compliance as a burdensome cost. Truthfully, it is to a certain extent. But it also can be an investment that can be turned internally and used to benefit the vendor company widely.

The 10 Questions Supply Chain Managers Must Ask Before Engaging With a New Vendor

Wednesday, November 8, 2023 · Jag Lamba, CEO, Certa
A thorough and strategic vendor selection process guides companies through the vendor selection process, helping ensure subpar suppliers never make it into the procurement process.

NextGen Technology: Blockchain for vendor management

Tuesday, May 12, 2020 · Sahil Guleria and Alok Sharma
Vendor management is time-consuming and tedious. Blockchain presents an opportunity to streamline the process.
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