Supply management groups realize the importance of a shift toward strategic practices, but the transition is slow. Across industries, we’re seeing 3% growth in the strategic employee balance, with companies reporting 62% tactical employees and 38% strategic employees.

Supplier ecosystems are an emerging approach to developing new products and solutions, offering benefits that traditional processes don’t provide. This research report outlines a process for initiating supplier ecosystem and the benefits of using this approach when creating new products or innovations.

This month we are bringing you new thought-leadership research on Supplier Ecosystems and key metrics.

Supply management teams with high levels of managed spend are better able to leverage spend, mitigate supplier risk, and bring more strategic value to the organization.