5 Key Information Challenges in Improving Supplier Relationships

Leading manufacturing, pharmaceutical, food and natural resource organizations are quickly realizing that the set of processes that surround procurement are not only key to short-term cost reduction, but are also important in shaping their overall competitive advantage. This is due to 3 main reasons:

1. Procurement-related costs are usually the largest single cost in the manufacturing process.
2. Procurement processes are a key source of waste in the drive to Lean processes
3. Strategic supplier relationships are now critical to innovation and staying competitive

Download this FREE tip sheet and learn how to combine your Supplier Relationship Management tools with a solid information management foundation to create a predictable and scalable solution to help solve your procurement challenges.