Resources

Discover what strategic procurement is, how it works, and its benefits for businesses. Learn key steps, advantages, and tools like SRM software to optimize supplier management and reduce costs.

Explore the strategic advantages and challenges of single sourcing and dual sourcing in procurement. Learn how single sourcing fosters cost optimization, streamlined communication, and quality assurance, while understanding the risks of supplier dependency. Compare it with dual sourcing for a balanced approach to supply chain resilience and efficiency.

What Are Risk Management Methods? A Comprehensive Guide with Real-World Examples

Discover how dual sourcing can minimize supply chain risks and maximize flexibility. Learn about its advantages, challenges, and how modern SRM software like Relatico supports resilient procurement strategies.

Discover how strategic procurement can transform your manufacturing business by reducing costs, improving quality, and building resilient supply chains. Learn the five key steps to smarter procurement, from selecting reliable suppliers to managing risks effectively. Address common challenges like supply chain disruptions, price fluctuations, and quality issues with actionable solutions. Embrace a future-ready procurement strategy to drive efficiency, innovation, and long-term success.

Discover the top 8 SRM software solutions for 2025, perfect for SMEs seeking effective SAP alternatives. From Relatico’s comprehensive compliance tools to budget-friendly options like Proqura, find the best SRM platform for your business needs. Simplify supplier management, enhance sustainability, and streamline procurement processes with these top picks. Learn how the right SRM software can transform your supplier relationships today.

As sustainability demands grow, companies must navigate new regulations and customer expectations around ethical procurement. Advanced SRM software offers the tools to build transparent, responsible supply chains and meet these evolving requirements. Discover how SRM technology can help businesses create more resilient, sustainable sourcing processes.

Learn how DORA’s regulatory requirements impact financial institutions and how supplier management platforms like Relatico can simplify compliance. Discover how Relatico helps streamline document uploads, ensure audit readiness, and maintain compliance with DORA’s third-party risk management rules. Prepare your business for a digitally resilient future.