Ari Korpinen's Blog (1)

Procurement professionals are expected to select suppliers that provide best value-for-money for the company they work for. Implementing some solid Business Intelligence (BI) methods in the supplier selection process is one way of securing best value-for-money and reducing the risk of supplier failure. The realities of the ongoing financial crisis - with an increasing amount of supplier bankruptcies as one of its effects - drives home the point that Procurement departments should increase…