In today’s world, ‘Innovation’ is the key to success…! What does a developer and manufacturer of advanced lithium-ion batteries and energy storage systems for transportation and other commercial and industrial applications, and a manufacturer of catheters and scaffolding material to treat hernias and vaginal prolapses have in common…??? Both knew that it was essential, and no longer…
In past blog entries related to Maverick Spend, we’ve really only discussed spend compliance and process compliance from an internal viewpoint, but suppliers (Supplier Compliance) are also part of the equation. When buyers use spend analytics to identify non-compliance, many root causes tie back to suppliers, such as: incorrect catalog/PO pricing relative to contracts incorrect…
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