spend analysis
Filter & searchSupplier Master Data Management 101
If you think about it, how can an organization be effective without knowing their suppliers? Improving insights into suppliers is critical to all activities related to them that includes sourcing, category management, procurement, contracts, and payment. As a result one would think that most organizations would consider improving the processes for supplier (or vendor) “master data” management […]
Master Data Management Read nowStudy shows which region is best at supplier management
I was curious to know which industries and regions performed best when it came to supplier management. Being the character I am I wanted data points rather than spurious hearsay or anecdotes so I designed an on-line assessment and waited for facts to arrive. The assessment was posted the HICX Solutions website and promoted globally […]
GeneralSupplier Management Read nowIs this how your organization looks at Supplier Relationship Management? Really?
How often do we see the large circular image below conjured up when representing a “source to pay” cycle for an typical organization? Many eSourcing or eProcurement technology / consulting companies have some version of this on their site. If you don’t believe me just go out there and look. Using this type of diagram to show […]
Supplier Management Read now