Global trade has always been a delicate balancing act. In recent years, supply chain managers have seen how fragile the system can be when politics, trade restrictions, and economic changes come together. These disruptions have changed how businesses view Supplier Relationship Management (SRM). It has shifted from just a compliance checklist to a critical strategy. What is Supplier...

The top executive looked at the quarterly report with a confused look on their face. The figures didn’t make sense. Even though they were trying hard to minimize costs and were in talks with several suppliers, spending had nonetheless gone up by 8% over the previous year. Departments were buying things from dozens of suppliers, some of whom they had never heard of before. The IT staff...

If you own a business, you might suddenly realize that almost 70% of your budget goes to buying items like raw materials, office supplies, software, services, and more. Now, think about how much better it would be if you could save even 10% of that money while receiving higher quality and lowering risks. That’s what procurement management and consulting services can achieve for...