Better Supplier Relationships - Start With Supplier Information Management (SIM)

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Supplier Experience Management The Benefits of Best-of-Breed Solutions Considering the Suppliers’ Perspective New Age of Procurement: Supplier Marketing 

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Article — 7.5 min read

Rethinking Supplier (Information) Management

The latest episode of Dial P for Procurement (an hour-long monthly livestream event co-hosted by industry influencer, Kelly Barner, and Supply Chain Now Founder Scott Luton) featured HICX Chief Commercial Officer, Ragnar Lorentzen in a conversation with Jeffrey Ostrander, Head of Supply Transactions, Western Hemisphere at Schlumberger. The lively discussion covered many diverse topics impacting […]

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Article — 7.5 min read

The Value of Supplier Information Management: The Tax Credentialing Use Case

Continuing from our related posting, let’s consider a scenario that can demonstrate the value of supplier information management  – tax credentialing. Based on the IRS mandate, organizations making payments relating to U.S. source income are required to maintain accurate IRS documentation for ensuring the correct tax-withholding rate is being applied. For any one that is […]

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Article — 3 min read

Master Data Management – The Value Of One Source Of Truth (vs. Multiple Sources)

To understand what we mean when we talk about using a Master Data Management (MDM) solution as your single source of truth, it’s probably easier to start by looking at the multiple sources of truth that many businesses currently try (and struggle) to manage – namely Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and […]

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