This is the last of a three-part series on purchasing. It is intended to blow up long-standing paradigms, to challenge purchasing leaders to think and act more boldly, as well as to think and act more ...
When you contract to have work done for your company, you need a way to monitor and evaluate how well your contractors perform. A plan that includes measurable key performance indicators can keep you ...
Supplier development encompasses buyer-led initiatives designed to enhance the capabilities, processes and relationships of upstream partners. Through targeted investments in training, technology ...
Supplier relationship management training prepares a small business employee to develop the skills and knowledge required to manage a productive relationship with vendors. Typically intended for ...
The proper management of supplier relationships is key to maintaining efficiency and driving success for your manufacturing business. It requires vigilance, collaboration, and time — that last item a ...
Supplier performance management (SPM) is a structured, data-led approach to improving quality, controlling costs, and enhancing supplier relationships. With clear KPIs, regular benchmarking, and ...
The failure to track and manage supplier performance can cause many business issues, especially for companies with large amounts of raw materials and SKU complexity in a global supply chain network.
We asked industry experts to share how their companies handle performance management in a way that aligns with their culture. These real-world examples demonstrate how structured communication, ...
This course provides a basic understanding of current supplier management practices and their impact on product quality and patient safety. Supplier management—also known as “vendor management”—is a ...
As of 2026, I’ve spent more than 10 years analyzing procurement technology and supply chain logistics for public companies. If there’s one thing I’ve learned from these audits, it’s that managing ...