Responding to a tender last week, the project manager thanked me very graciously for my responsiveness and engagement during the process. I laughed, thanked her as well, and said, “Well, it’s my job to be responsive and engaging”. Which it is. While working with business development at a technology vendor…

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…

Last week I read an insightful report by PwC; the 2020-’21 Digital Procurement Survey. One of the key findings really resonated with me. “Among the key success factors for digital transformation projects, adapting procurement processes to the chosen solution and investing heavily in change management are identified as major factors…

Supplier relationship management (SRM) can be complex. Supplier relationship management software can make things a little bit easier. Sales & Marketing teams have reaped the benefits of Customer Relationship Management (CRM) solutions & Marketing Automation for the past 15–20 years. All the while, procurement & sourcing teams have been left…

It’s time to air our dirty laundry. Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. This is an exciting time to be a procurement practitioner, as well as a vendor of ProcureTech solutions…

PR: Stockholm, Sweden, September 6, 2021 Stockholm, Sweden, 06/09/21. Kodiak Rating, a provider of the cloud-based Supplier Relationship Management software, announces today on September 6, 2021, that it has completed a rebranding and brand evolution. As of today, Kodiak Rating will change its name to Kodiak Hub. Kodiak Hub’s organization, solution, and value proposition has evolved…

Just like us humans, businesses are living, breathing, organisms. Different functions serve different purposes in a business’ daily existence. Some disciplines and roles in the organization are important for internal bodily function, whilst others have more surface value. While some functions may seem more important than others, they’re really all…

What exactly are you and your procurement team working towards? I don’t mean current contracts, products, projects, or initiatives. When asking, “What are you working towards”, I mean the big picture. What’s the mission, vision, and end goal of your company and/or your function? What is your guiding light? What…

‘Rate us on a scale of 1–5’ ‘Please let us know, how was your overall experience?’ ‘Out of 5 stars, how likely are you to recommend a friend?’ To Rate has become an innate part of our lives. Think of a service, product, place, and/or business; chances are you can…