Companies are rushing to take advantage of low-cost country sourcing, but the right processes and technology must be in place before expected savings can be realized.
A serious component shortage five years ago led Hewlett-Packard to develop Procurement Risk Management, a combination of new processes and technology designed to help HP manage supply chain risk. This project was named 2005 winner of the Supply Chain Innovation Award.
The latest news, analysis, trends and solutions regarding sourcing, procurement and supplier relationship management (SRM) and their impact on supply chain management. New technologies in sourcing and procurement are transforming the way companies do business - and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency, cut costs and build more strategic partnerships. Learn how companies around the world are using sourcing, procurement and SRM solutions for supply chain optimization.
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