Harnessing Supply Market Research

Published On:
November 13, 2020
Authored By:
Member Only Content:

For sourcing and procurement, risk management involves tracking all market factors that might affect supply chain performance and drive organizational needs. To adequately harness this vital research, procurement professionals need a systematic approach to documenting, reviewing, and sharing research across all market categories.

From APQC’s Sourcing and Procurement Blueprint for Success, this article details the importance of systematically aggregating and analyzing supply market research. These findings are supported by APQC’s Open Standards Benchmarking results and a real-world example.