Maximize supplier management by defining your solutions approach first.
As Part 1
and Part 2
of this three-part Spend Matters series examined, supplier management – or supplier lifecycle management – is a multi-layered, multi-part process loop that demands deep capabilities at each stage.
In Part 3, Pierre Mitchell and Michael Lamoureux show you how to map your supplier management needs – and desired outcomes – to the technology solutions available. Right now, there are many options out there promising all kinds of benefits—solutions, suites and platforms.
Knowing exactly what your requirements are, and better understanding what success looks like, will help you define and make the best strategic choices.