Better Supplier Relationships Start With Supplier Information Management (SIM)

Start with SIM >
Book a demo

Five factors to consider for best-of-breed

by HICX on May 10, 2022
Fleet Point

By Costas Xyloyiannis, HICX CEO

Extensive disruption at the beginning of the decade put resilience at the top of the agenda for most organisations. Now, more attention than ever is being placed on how digital procurement solutions can be used to boost agility.

But as digital transformation accelerates and procurement and supply chain teams look beyond their established P2P or S2P suites to address particular pain points, this should not be done in a haphazard way. To be successful, organisations need an agreed plan as to how new software is identified, selected and implemented.

So, when it comes to adopting best-of-breed technologies, what should the supply chain and procurement community consider? Here are five key factors to take into account…

Read full article

Posted in

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

Learn more
Article — 3 min read

What is customer success?

In a perfect world, every project, product, service, deliverable is provided to the required quality, on time, on budget and to the defined scope. These four dimensions could represent customer success. The problem is, we do not live in a perfect world and failures occur. When success and failure are perceived as polarised positions, like two […]

Read now
Article — 9 min read

5 Pitfalls of Supplier Scorecarding

One of the most important contributors to an organization’s success is supplier relationships. It is little wonder, therefore, that many have attempted to apply a more data-oriented approach to summarizing the health of these relationships through a standardized scorecard. Supplier scorecarding can provide a systematic approach to monitor and nurture these critical business relationships. When […]

Read now
Article — 12 min read

The Importance of Emissions Tracking & Management in Supply Chains

Following the most recent IPCC report, organizations face intensifying pressures to manage and track their carbon emissions throughout their supply chains to reduce their environmental impact. There is a particular focus on supply chains due to the amount of electricity used to store and transport goods in warehouses. This has led to an increasing collective […]

Read now

Contact sales to discuss our products and solutions

Call us

UK +44 (0) 203 325 4244
US +1 844 568 0846

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