Managing third party suppliers into the future

27 Jun 2014 12:00 am by Mark Dunn

Today Procurement professional are challenged to monitor standards from financials, quality, regulatory and risk. In this ever-changing, dynamic environment, your best offence is a solid defence. Proactive monitoring of supplier data is critical to address potential risk factors and ensure business and supply chain continuity. In their recent report Managing Third Party Suppliers into the Future Aberdeen Group looked at how supplier management will only succeed if long-term, sustainable, holistic strategies are developed across all business acumen.Our handy infographic below highlights key points from the report.

Suppliers into the future