The financial services industry is going through a major reconstruction as it continues to climb out of the financial crisis. With increased regulatory pressure, particularly when working with international suppliers, those within the industry have grown accustomed...Lire la suite
Catégorie "Supplier Relationship Management (SRM)"
This blog post focuses specifically on supplier normalization. What is Supplier Normalization? Supplier normalization is the process of taking supplier names with multiple spellings, mis-spellings, abbreviations, etc. and normalizing them (cleaning them up so...Lire la suite
Competition is as fierce as ever in the European financial services industry as the move toward a harmonized market over the past decade has driven down margins. It’s Economics 101 – by pushing for transparency, competitors will undercut one another until they...Lire la suite
As part of purchasing management, e-procurement is one of the favorite methods used by companies to place their item orders. What does e-Procurement mean ? It is commonly referred to as “electronic or online procurement”. E-procurement is a commercial...Lire la suite