Effective Supplier Information Management: Strategies for Enhanced Efficiency and Compliance

Supply chain

It is impossible to overestimate the significance of keeping up-to-date, thorough supplier information in the fast-paced business world of today. According to a recent study, businesses with strong supplier information management (SIM) procedures experienced a 20% decrease in supply chain interruptions when compared to those with out-of-date or insufficient data. This figure emphasizes how important […]