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Author name: Jakob Eisele

The Fundamentals Of Vendor Prequalification: Definition, Process & Enablers

Knowing your third-party suppliers and contractors is no longer a nice-to-have. It’s a prerequisite for supply chain risk management. With supply chains becoming increasingly complex and volatile post-COVID, organisations should re-examine the very processes that underpin how they deliver goods/services. This article takes us back to the basics of supplier prequalification with a view to […]

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What Is Preventing Technology Adoption In Procurement?

We have seen many technological advances in the past few decades amid the “Industry 4.0” evolution, including the rise of digital transformation in many business areas, such as procurement and supply chain. However, there are still challenges in realising the full potential of procurement technology due to internal complexity, namely: “Dirty” data Poor integration across

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