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How do you connect purchasing, contract management and supplier relationship management?

How do you connect purchasing, contract management and supplier relationship management?

Contract Management, Insights, Strategy

Imagine a car with all its components carefully laid out: the engine, wheels, gearbox, steering system, and electronics. Each component is of high quality and has a clear function. Yet this collection of individual parts will not take you anywhere. Only when they are...

How do you connect purchasing, contract management and supplier relationship management?

The Practice: How to Make Contract Data Management Sustainable and Future-proof

Contract Management, Insights, Strategy

In the previous, 2nd blog The Value: How Structured Contract Data Management Creates Value; Operationally and Strategically - CATS CM® Contract Management Methodology , we explored the tangible benefits of contract data management (CDM) from operational efficiency to...

How do you connect purchasing, contract management and supplier relationship management?

The Value: How Structured Contract Data Management Creates Value; Operationally and Strategically

Contract Management, Insights, Strategy

In the first blog of this series, we explored why contract data matters and how a structured approach, Contract Data Management (CDM), lays the foundation for better decision-making. Now, we turn to the follow up question: What is the real value? The answer is:...

How do you connect purchasing, contract management and supplier relationship management?

The Cornerstone: Why Contract Data Matters and how to Build Awareness

Contract Management, Insights, Strategy

This blog is the first in a three-part series on contract data. It explores why contract data is far more than an administrative detail and how understanding it lays the foundation for better decisions, stronger collaboration, and sustainable added value to the...

How do you connect purchasing, contract management and supplier relationship management?

Unlocking the Superpowers of Contract Data, an Introduction

Contract Management, Insights, Strategy

In today’s world contracts are at the heart of every organization. They define relationships, responsibilities, and expectations. Yet too often, contract management is viewed merely as an administrative upkeep. Truth is, it is a powerful discipline that changes...

How do you connect purchasing, contract management and supplier relationship management?

Contract management as a vital instrument to achieve sustainability objectives required by IPCC report

Contract Management, Insights, Strategy

For centuries, humans have been putting our earth to the test. Since the industrial revolution we are depleting the natural resources in a drive for continuous innovation and growth. We are producing and consuming more and more goods and services to accommodate an...

How do you connect purchasing, contract management and supplier relationship management?

Why venture capital should embrace contract management

Insights, Leadership, Strategy

“Nobody can do it alone” is one of my favorite quotes when it comes to describing the state of business today. We are all working in an environment where trends like hyper-specialization, the increasing speed of innovation and the growing pressure from legislation...

How do you connect purchasing, contract management and supplier relationship management?

Why leadership should dive deeper into contract management

Contract Management, Leadership, Strategy

The business case is one of the main priorities that come up when I talk to executives about contract management. Especially the financial part of the business case: how much are we going to save? The many executives that see cost-saving as the only benefit they can...

How do you connect purchasing, contract management and supplier relationship management?

Metatrend 3: the growing focus on sustainability and environment

Contract Management, Insights, Strategy

Today’s leadership has to deal with new challenges that have not yet been embraced in the world of business schools and is not part of the everyday curriculum of the average MBA. Focusing on the future however is of paramount importance for the leader of today, more...

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