Well-managed engagement with your suppliers – from initial registration, qualification and on-boarding; through sourcing events, periodic reviews and information updates; to daily purchase and payment activity – is essential to building and leveraging a strong supplier base.

And Supplier Engagement is a big job. It can consume a lot of time and effort, adding significant cost to your operations

In this webinar, we look at how to put in place a clear, formalised strategy for identifying and engaging with suppliers or performance managing-up these relationships. A structured approach that helps you to:

• Focus appropriate resources and efforts on high risk and/or high value suppliers
• Highlight suppliers that contribute to high volume/low value invoices that require too much manpower to process
• Enable better information exchange between Finance and Procurement to support forward planning and negotiation strategies
• Provide an early warning system where risk of supplier failure is likely

In a nutshell… join Proactis for this webinar where you will learn why Supplier Engagement is a critical, far-reaching activity and how Leading companies do it well, but do it at far less cost.