vendor management

Increasing Supplier Accountability

Increasing Supplier Accountability Retail businesses rely heavily on their suppliers to provide a range of goods and services that are essential to their operations. Goods-not-for-resale (GNFR) spending represents a significant portion of a retail business's expenses and it is critical to ensure that suppliers are [Read More]

2024-01-22T17:49:55-06:00March 10, 2023|Business Tips, Indirect Spend|

Supplier Evaluation

Supplier Evaluation Reasons for reviewing existing Suppliers Regularly reviewing and evaluating the performance of existing suppliers is extremely important in the Goods-Not-for-Resale (GNFR) space of retail. There are several reasons why regular supplier performance reviews are important: Identifying areas for improvement Regular reviews allow a [Read More]

2024-01-22T17:49:55-06:00February 23, 2023|Business Tips, Indirect Spend|
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