9 Benefits of Supplier Performance Management Software
About 65% of innovations are sourced through external suppliers and partners (ISM). This makes supplier and partner contributions to a supply chain’s production and profitability rather pivotal.
Put into simple math: Good supplier performance = good supply chain performance.
Supplier performance management (SPM), when done right, can help your procurement organization to harness supplier performance and innovation to positively impact your business’ top-line value creation.