How To Achieve Holistic Supplier Management

How To Achieve Holistic Supplier Management

Supplier management is at the very heart of procurement and it is no easy task. Managing suppliers effectively to perform in harmony with your business strategy is rather like composing an orchestral piece of music and then conducting all the different instruments in the orchestra itself. Each supplier needs to be treated on a case-by-case basis – but when you have hundreds of suppliers, that is challenging.