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May 2016

Six Benefits of Supplier Value Management Technology

The days of managing suppliers through phone calls and BASS email exchanges are long gone. With the modern supply chain presenting new external pressures and complexities, procurement departments need collaborative and flexible tools to manage the entire supplier lifecycle. The result has been a global shift away from the traditional approach of supplier performance management […]

Bridging the Health and Wellness Gap with Collaborative Sourcing

Wal-Mart Stores and U.S. drug distributor McKesson have expanded their joint alliance to procure generic medicines so they can lower costs. According to George Riedl, senior  VP and President  of the health and wellness division of Wal-Mart in the U.S., “The joint alliance enables both companies to work together, combine their size and scale and […]