Essential Components of a World-Class Supplier Performance Management Tool : A MENA Perspective
A World-Class supplier performance management tool can enhance the efficiency of organization's supply-side operations. Recent oil price fluctuations and the spread of COVID-19 virus have added to uncertainties and risks. At such a time, selecting and associating with the right supplier partners and thereafter, evaluating their performance meticulously becomes essential. This white paper focuses on the contemporary supplier management challenges faced by the organizations in the MENA region, and how an integrated supplier performance management solution can prove to be a boon under these conditions.