Procurement Visibility and Insights – Supply Chain Transparency [PRO Content]
The other day, the WSJ ran a story that touches on an issue we have long talked about here at Spend Matters: buy what you sell. Meaning that procurement must be highly attuned to what goes on in its supply chain, all the way from what is being sold to the source of what is being bought, and from whom. Suppliers: how transparent are you about your goods and manufacturing process? Procurement: are you ready to support your sales and marketing teams with good data, systems that support parent-child linkages, and the multiple layers (Tier 1, Tier 2, Tier 3, etc.) that are needed to get back to the source? Click through to find out!