Although considered the quieter period for some organisations it seems things haven’t slowed down at all for procurement professionals during August and September, or here at Wax Digital. Our blog has been somewhat neglected as a result, but with many topical issues arising from recent events such as eWorld Purchasing & Supply exhibition and with ProcureCon around the corner there will plenty to blog about in forthcoming weeks we’re sure.
One of the clear themes running throughout eWorld was that of supply chain management, which we covered in our seminar session ‘Wag the dog – managing a long tail of suppliers’. We have seen a clear upswing in interest around issues such as:
» Supplier collaboration
» Transactional document (order and invoice) exchange
» Pro-actively monitoring CSR
» Insurance verification and tracking
» Supplier account maintenance
which we examined in our session; including the best approach for supplier rationalisation, establishing model trading relationships and how effective supplier empowerment and collaboration can benefit eProcurement processes and compliance right through to huge bottom-line savings.
If you didn’t get to attend eWorld or catch our session, and this subject is at the fore in your organisation, please feel free to email gateway@waxdigital.com to request a copy or watch this space for more upcoming posts.