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What The Last Recession Taught Me About Truly Effective SRM

The UK is emerging from the biggest global downturn since the Great Depression of the 1930s. On the global scale, positive signs of growth in some countries contrast with deepening economic and political worry in others. In response to this continued period of change and unrest, businesses have had to adapt to the new economic environment. One of the key changes that smart organizations have made is to transform the way they manage their suppliers.

Positive Purchasing by Sigaria Partners  on 08-Jan-2016 
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Increased pressure on margins has meant that suppliers have had to compete harder to survive and
marketplace globalisation has afforded buyers greater choice. More potential suppliers provides greater buyer power, right? Indeed it does—but only where we are buying generic products or services and where there are plenty of providers ready and willing to fight to secure our business.


 

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