Competitive Intelligence

Tactical, Operational & Strategic Analysis of Markets, Competitors & Industries

Ari Korpinen's Blog (1)

Business Intelligence and a strong supply base

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…

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Added by Ari Korpinen on June 20, 2010 at 10:10pm — No Comments

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