Rethinking supplier management in a digital reality
In the ‘70s and ‘80s of the last century, supplier management arrived on the agenda of most manufacturing companies. This was mainly driven by the ongoing globalization with an increasing supplier base. The initial idea behind the widely known concept was to structure the onboarding of new suppliers and measure their performance in an appropriate manner.
Today, the focus of supplier management is changing towards a strategic instrument to achieve a competitive advantage through strategic partnerships and collaborations. What are the main drivers of change? What is happening in today’s and future-oriented strategic supplier management? Download our White Paper for valuable insights on current and future supplier management.