Vendor data and risk management: the next big question in the digitalisation of procurement
In order to optimise vendor ecosystems, companies consider various types of vendor-related information to determine which vendors are best suited to their supply chains. Companies, typically, limit this to information that is directly linked to quality, performance and price KPIs. “However, an often-neglected, yet very important, element in the optimisation ‘equation’ is vendor company risk”, […]
