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From the Consol Thought Leadership Forum -- What are the Top VMS KPIs?

Spend Matters
Leaders in supplier relationship management (SRM) are reaping all sorts of benefits, according to consultancy State of Flux. The firm’s third annual global survey, out today, quizzed 348 procurement, supply chain and SRM professionals at 274 organisations. It found that mature SRM programmes are getting tangible cost, risk, innovation and other benefits from collaborating more closely with key suppliers. Over 80 per cent of ‘SRM leaders’ (those that place their SRM initiatives in the top half of State of Flux’s maturity scale, comprising just under a quarter of the survey sample) reported cost reduction benefits. The research found ...
Mentions: Forrester Research