What regulatory and economic factors are increasingly impacting retail today
Why procurement needs to play a bigger role in managing these factors
The potential challenges of focusing on GNFR and GFR alone
How modern sourcing solutions help retail focus on supplier management
Improving Retail Procurement Insights:
Whether addressing merchandising or non-merchandising spend, retail will face some big challenges in the coming years.
Increased pressure from regulatory and internal compliance efforts adds to the scrutiny being placed on procurement regarding its management of the supply base against performance and risk.
Determine (NASDAQ: DTRM) is a global provider of SaaS enterprise contract lifecycle management, strategic sourcing, supplier management, and procure-to-pay solutions. As a recognized leader in the industry, Determine provides deep innovative capabilities in Enterprise Contract Lifecycle Management, eProcurement, eSourcing, Spend and Procurement Analysis, Supplier Information Management, Invoicing, and Catalog Management. Since 1996, Determine has helped global companies actively manage their contracts throughout the sales, procurement, and legal life cycle. Determine’s enterprise contract lifecycle management, strategic sourcing, supplier management, and procure-to-pay software solutions drive critical operational business value that effectively accelerate revenue opportunities and minimize risk through compliance. A recognized leader in the industry, our patented technology assists customers across a myriad of industries—including high-tech, telecommunications, manufacturing, healthcare, and financial services. Determine also provides a powerful configuration engine, which Fortune 500 companies use to increase revenue by facilitating the right combination of products, services, and price.