How to Manage Supplier Operations for Reduced Risk

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While leveraging a multitude of suppliers or vendors is critical to ensuring your teams have the materials they need, working with suppliers or vendors introduces several sources of risk, like legal, quality, cost, or delivery challenges. These risks only increase as your vendor fleet grows, leaving the success of your organization dependent on your ability to solve for said challenges at scale. Join us to explore how organizations are reducing risks associated with managing suppliers and vendors and using low code to create a single source of truth for supplier information (contacts, locations, pricing, contracts, etc.). Our speakers will also discuss how to control procurement budget and identify opportunities to reduce costs, and how to ensure vendor compliance with negotiated terms.