Seven Keys to Better Sourcing and Supplier Management

The past few years have been very good to procurement organizations with their stable supply markets, limited price volatility, few global disruptions, more executive support for procurement programs than ever before, and an easing of internal pressure to deliver savings. But, procurement leaders must be wary of complacency and the risk of being left behind or caught unaware by the next market shift. Now is a great time for procurement teams to stave off boring, business-as-usual approaches and sharpen their sourcing and supplier management skills. Ardent Partners offers this report that highlights the seven important strategies and tactics that procurement organizations can use to drive savings while also maintaining and improving key supplier relationships.