Boeing Uses Relational Contracting with Indigenous Businesses
Kelly Barner, host of Dial P for Procurement, procurement thought leader, and managing director of Buyers Meeting Point, explains why formal relational contracting is a great approach for companies serious about supporting their diverse suppliers in a recent Forbes article.
“Small and diverse suppliers often find themselves in a Catch-22. They need to grow their capabilities to expand but as they’re often smaller organizations they fall into the trap of having transactional relationships with their customers.”
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Leaders in Supply Chain Innovation Share Insights on Supply Chain Now
Explore this Microsoft article on global supply chain innovation and resilience, featuring leaders who have shared their insights on our Supply Chain Now podcast…
Is Shipping on the Mend? Follow the Spend with 3Q Results from the U.S. Bank Freight Payment Index
The U.S. Bank Freight Payment Index for 3Q 2021 has been released, and one thing remains clear: spend is up. More specifically, year over year, quarterly freight spend showed the second largest increase ever – rising 32.6% from 3Q 2020.
