Is your supplier data valid?
June 7, 2012
Having access to an accurate and up-to-date database of supplier information is a critical first step for any buying organisation wishing to gain a full understanding of its supply base. Using reliable supplier information plays a very significant role in reducing a buyer’s exposure to supply chain risk. But the problem facing many companies is in ensuring that the information held on its supplier database is not only accurate and up-to-date, but is also valid. (more…)
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