JAGGAER/Tejari white paper underscores the importance of holistic supplier management during the current pandemic

Dubai, United Arab Emirates, May 14, 2020: JAGGAER/Tejari, the world’s largest independent spend management company, has launched a white paper addressing holistic supplier management, in a bid to support businesses during COVID-19.

The paper, titled Holistic Supplier Management: Orchestrating the procurement function for maximum benefit, addresses the importance of supplier management and the resulting impact on the success of an organisation. The paper discusses the challenges and opportunities surrounding streamlined operations dependent on the success and robustness of its supplier network, longer supply chains, regulatory frameworks increasing in scope, digitalisation, and diverse supplier ecosystems.

Hossam Refaat, Managing Director, JAGGAER/Tejari MENA, said: “Supplier management is the optimisation of what comes into your company so that you can optimise what goes out. It is at the very heart of procurement and managing suppliers effectively to perform in harmony with your business strategy is rather like composing an orchestral piece of music and conducting all the instruments in the orchestra.