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4 Ways Supplier CSR Ratings Can Help SRM Systems Capture $550 Billion Opportunity

EcoVadis

Supplier Relationship Management SRM represents a giant $550 billion opportunity for procurement to create value according to this recent Digital SRM Research Report from our partner State of Flux. With this insight in your SRM system, you can make better procurement decisions all along the source-to-pay journey.

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Handfield’s Top Supply Chain Predictions for 2016

NC State SCRC

In other words, many supply chain and purchasing solutions looks at historical transaction activity (what happened in the past and is captured in our ERP systems). Talent should be part of building a procurement transformation, and not an after-thought.