For many organizations, supplier collaboration has emerged as a key driver of procurement-driven value. Multiple analyst reports emphasize its critical role in procurement strategies of leading organizations. And in surveys, Chief Procurement Officers (CPOs) consistently rank supplier collaboration as a top strategic priority. This focus is logical, as procurement fundamentally involves a series of external collaborations to acquire everything an organization needs from suppliers and vendors.
What is supplier collaboration?
There are a whole slew of questions people have about supplier collaboration:
- Is it only about building strong trusted relationships with suppliers? Is it a technology? Is it both?
- Where does supplier collaboration fit into classic processes such as source-to-pay? source-to-contract? procure-to-pay?
- How does supplier collaboration impact the day-to-day of most procurement organizations? Other organizations in the company?
- What solutions exist to help organizations in their quest to improve supplier collaboration?
To answer these and other questions, TakeTurns created the Ultimate Guide to Supplier Collaboration. This resource recaps the latest thinking, research, and analysis on supplier collaboration. It’s a free resource and does not require any registration.
Download your copy today!
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