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Magnus Mondays — The Supplier Management Tech Series — Part 5: Supplier Innovation and Development

By Magnus Bergfors October 7, 2024Articles, Chief Procurement Officers, Complex Categories, General, People, Process, Strategy, Technology

Today, we are wrapping up our series on supplier management technology with an article on Supplier Innovation and Development (SI&D). This is an area with less attention from a technology-support…

Magnus Mondays — The Supplier Management Tech Series — Part 4: Supplier Risk Management

By Magnus Bergfors September 23, 2024Articles, Chief Procurement Officers, Complex Categories, General, People, Process, Strategy, Technology

In our series on supplier management, we have now come to supplier risk. This is one of the most complex areas in the entire procurement technology space because risk management…

Magnus Mondays — The Supplier Management Tech Series — Part 3: Supplier Performance Management

By Magnus Bergfors September 16, 2024Articles, Chief Procurement Officers, Complex Categories, General, Process, Strategy, Technology

Three weeks ago, I started a series on the components of supplier management solutions. So far we’ve covered the platform capabilities (i.e., functionalities used across the other components/modules) and Supplier…

Magnus Mondays — The Supplier Management Tech Series — Part 2: Supplier Information Management

By Magnus Bergfors September 3, 2024Articles, Chief Procurement Officers, Complex Categories, General, Process, Strategy, Technology

Last week we started a series of articles on supplier management. In that article, we covered some of the functionality that’s needed across all the components of supplier management. This…

Magnus Mondays — The Supplier Management Tech Series — Part 1: Platform Capabilities

By Magnus Bergfors August 26, 2024Articles, Chief Procurement Officers, Complex Categories, General, Process, Strategy, Technology

Supplier management is a complex and critical activity for procurement organizations. A key problem is that many procurement professionals lack the tools needed to efficiently manage supplier relationships, information, performance,…

Magnus Mondays — The Two Levels of Supplier Management Tech

By Magnus Bergfors July 1, 2024Articles, Chief Procurement Officers, Complex Categories, General, Process, Solution Providers, Strategy, Technology

Supplier management is one of the most critical aspects of procurement. But as is the case with a lot of areas within procurement, it’s complex. One of the biggest issues…

Magnus Mondays — Supplier Portal Fatigue, a Supplier Management Issue

By Magnus Bergfors June 10, 2024Articles, Chief Procurement Officers, Complex Categories, General, People, Process, Procure-to-Pay, Solution Providers, Strategy, Technology

Having up-to-date information on your suppliers has become more and more critical over the years. Complex supply strategies coupled with increased regulatory requirements have made organizations more dependent on suppliers.…

Magnus Mondays — Direct Materials Supplier Management Presents a Critical but Disjointed Solution Landscape

By Magnus Bergfors February 26, 2024Articles, Chief Procurement Officers, Complex Categories, General, Strategic Sourcing, Strategy, Technology

In last week’s article, we looked at what makes direct materials special and their unique established requirements, particularly when focusing on eSourcing. In today’s article, we continue to investigate direct…

Magnus Mondays — Graphite Connect: Supplier Management, Network Style

By Magnus Bergfors January 29, 2024Articles, Chief Procurement Officers, Complex Categories, General, Process, Solution Providers, Strategy, Technology

As part of the Magnus Mondays series featuring the latest procurement technology trends and insights, we will also spotlight interesting briefings and updates that we receive from different solution providers…

The Recipe for Best-in-Class Supplier Management

By Andrew Bartolini October 25, 2021Articles, General, Process, Procure-to-Pay, Strategic Sourcing, Strategy, Technology

For CPOs looking to thrive in the 2020s, Supplier Management has been the hot trend; but, Best-in-Class Supplier Management has never been out of style. In fact, suppliers today have…