Maximizing Supplier Value: Best Practices for Effective Supplier Management in Organizations
Modern procurement organizations struggle to compile and arrange supplier data in a way that best serves the overarching business goals. You must assess a supplier’s fundamental ability to deliver goods and services in addition to a growing number of frequently conflicting goals, such as gauging their financial stability and supply disruption risk, keeping track of […]
Digital Supplier Qualification Management- Revolutionizing the Conventional Process
“It is no longer the big beating the small. Rather, it is all about the fast beating the slow”. Digitalization is one of the foremost necessities of a business, be it any kind. With the global rat-race competition, companies from all industries struggle to optimize efficiency. Let us see how the nutraceutical and dietary industries […]
Supplier Qualification Solution- The What, Why & Everything In Between
“Quality is never an accident. It is rather the result of intelligent efforts.” The customer/consumer base we deal with today are well-read people—thanks to the digital era with much information. Hence, the key to becoming a celebrated brand is quality management, with supplier qualification being a big part of it. The sigma rule of quality […]