Most procurement professionals think of supplier management as a fairly distinct set of procedures with readily definable “borders” that fit neatly into the business process. But those boundaries are actually quite mutable.
In Part One of this three part Spend Matters series called Supplier Management 101, Pierre Mitchell and Michael Lamoureux give you the lowdown on what supplier management means today and how it touches many more areas of an enterprise than you may have thought.
Download this 3-part research series to learn the background, solutions approach and requirements framework for optimizing your supplier management.
- Defining the broader lifecycle of processes
- Developing related industry terminology
- Managing for overlapping functions
- Technology support for supplier management
Download this three part series!
Determine, Inc. (NASDAQ: DTRM) is a leading global provider of SaaS Source to Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. Our visionary technologies allow our customers to effectively manage the full scope of Source to Pay and ECLM using our Determine Cloud Platform. Our Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.
The Determine Cloud Platform gives procurement, finance and legal professionals the ability to deliver profound insights through analysis of their supplier relationships and contractual requirements. Our customers leverage the Determine Cloud Platform to discover previously unseen supplier and spend data; make more informed and smarter business decisions; drive new revenue; control costs; improve workflow efficiencies; and mitigate risk.
Our customers benefit from the Determine Cloud Platform’s robust suite of integrated applications. Whether they start with a full-suite implementation or choose to implement just one application and build over time, each additional application allows for the automatic sharing of data already in place on the Determine Cloud Platform.