2017 Supplier Management Report

Leveraging Strategic Supplier Management Technology to Reduce Risk and Improve Supplier Relationships

Managing suppliers safely and efficiently has a great impact on a company’s stability and bottom line—especially if companies are managing a large amount of suppliers and spend, or if they have complex supply chain processes. Successful business-to-business (B2B) operations depend heavily on communication, collaboration, and trust among all parties. Without proper strategies in place to manage supplier relationships, companies put those operations at major risk.

To effectively manage supplier-related processes, organizations must take a holistic, mutually beneficial, and controlled approach to supplier management. One way they can do this is by leveraging today’s advanced supplier management software—supplier networks and supplier information management (SIM) software.

This research report…

    Examines the current landscape of supplier management strategies

    Highlights use-case trends for supplier networks and SIM tools

    Provides insight into the various tools and services offered with leading supplier management technology

    Includes a set of supplier management best practices

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