Procurement teams are under more stress than ever and are looking at Supplier Relationship Management as an opportunity to drive improved results in their procurement organizations and with stakeholders. Budgets and employees are stretched to capacity, forcing everyone to move quickly and be laser-focused on the urgent. Unfortunately, this tunnel vision often causes procurement and strategic sourcing teams to miss early warning signs of major problems with suppliers, customers and stakeholders.
The results may include lack of visibility in procurement, business impacts and stakeholder dissatisfaction. Everyone is moving so quickly that they tend to forget communication is one of the core business tenants.
In our procurement whitepaper, you will learn:
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