Five Keys to Managing Supplier Information

摘要

For manufacturers, getting to know their suppliers is a key part of the business. However, being able to maintain consolidated, companywide records of everything they learn is easier said than done.The reason for this is simple: Data are rarely ever kept in one place, according to Andy Hayler, president and CEO of the information Difference, an analyst firm focused on data management. Companies may store supplier information in a number of different systems throughout various divisions in the organization-whether it's an ERP, CRM or various supply chain systems. Often faced with far too many places to look, companies are regularly challenged to find the most current, accurate and relevant information needed to make the best possible sourcing decisions.