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What is Supplier Management?
Supplier management is comprised of the systems, processes, and procedures your organisation utilises to deal with the entire lifecycle of a supplier.
The procedures and processes you use to manage your relationships and trade with suppliers need to be tightly designed to ensure no fall-through.
Each step in these procedures and processes needs to be aligned with the business’s goals in terms of supplier management.
Why is a Supplier Management Process important?
An efficient supplier management process flow is critical to evaluating whether your suppliers are performing to the requirements of your organisation and identify any areas for improvement.
The supplier management framework you will build through the aforementioned systems, processes, and procedures.
Regular communication and feedback help to create transparency between your organisation and your suppliers.
A successful supplier management framework will help your organisation and its supplier to meaningfully collaborate and maximise productivity in the long run.
How can Jomo247 help you with Supplier Management?
What is a Supplier Management Compliance Pack?
Our compliance packs are collections of free process templates which are free to download!
Each compliance pack has a number of relevant templates which are designed to help you with your business processes.
They have been designed using Jomo247’s process workflow designer.
To use these workflows and automate them to streamline for your business, book a software demonstration today.
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