In today's global marketplace, managing the performance of suppliers has become increasingly important for organizations across industries. Supplier performance management refers to the process of measuring, monitoring and improving the performance of suppliers to ensure that they meet the organization's needs and standards. Effective supplier performance management can help organizations to reduce risk, improve quality and drive cost savings, while also building stronger and more collaborative relationships with suppliers. However, implementing an effective supplier performance management program can be complex and challenging, requiring careful planning and ongoing management....
12/1/21 |
6 minute read
