Stricter gift policies are on the rise.
Since supply management professionals are instrumental in business decisions involving suppliers and clients, they must pay close attention to their companies’ gift and entertainment policies. Standards can differ for supply management employees versus the full employee base. Of the companies we surveyed, 41 percent have implemented a stricter gift policy in the last five years.
Scorecard Delivery Methods
How are you keeping score of your suppliers? In a recent survey, 73 percent of responding organizations use scorecards; 88 percent are delivering them to suppliers in face-to-face meetings, most commonly on a monthly basis.