The Importance of Supply Chain Diversity for Risk Mitigation and Business Resilience Supply chain diversity has become a critical strategy for businesses aiming to reduce risks and enhance resilience. Here are a few key reasons why a diverse supply chain is crucial...
Key Strategies for Reducing Supply Chain Risk Through Smarter Tender Management Managing supply chain risk is essential to maintaining stability in business operations,especially in today’s dynamic global market. Smarter tender management can play a pivotalrole in...
The Hidden Costs and Risks of Manual Supplier Tendering "I don’t run tenders; I just get prices and availability from my preferred suppliers and compare them quickly." This is a common response, but manually managing your supplier tendering like this comes with...
Why Are ERP Tender Management Processes Bypassed? ERP (complex) tender management processes are frequently bypassed by everyday users across organisations worldwide—by as much as 30% and more in some instances! This presents a significant challenge, so why does it...