Blog

Welcome to the Graphite Connect Blog. Check in for frequent articles that will help your team operate at the highest possible level.

How Graphite Creates Golden Supplier Records

How Graphite Creates Golden Supplier Records

Graphite transforms your procurement with its secure network, automated supplier data management, and less stress.

How to Ensure Security When Adopting New Technology

How to Ensure Security When Adopting New Technology

Security

The procurement process should define business needs, schedule technology reviews, and approve with contingencies.

Think of Procurement Security as a Main Ingredient, Not the Icing

Think of Procurement Security as a Main Ingredient, Not the Icing

Security

Prioritize security in procurement by partnering with IT and security, creating policies, and establishing workflows.

Updating Your Supplier Banking Information with Graphite

Updating Your Supplier Banking Information with Graphite

Data

Graphite helps businesses identify suppliers with accounts in closed banks and expedite banking information updates.

Is your Supplier Information Management System Creating a Bottleneck?

Is your Supplier Information Management System Creating a Bottleneck?

Data

Streamline your supplier information management processes and save time with proactive strategies and automation.

Getting one step ahead in supplier information management

Getting one step ahead in supplier information management

Data

Move your procurement team from reactive to proactive, increase visibility, and streamline supplier management.

Supplier Scorecard Criteria: Which Supplier Performance Metrics to Include in Your Vendor Scorecard

Supplier Scorecard Criteria: Which Supplier Performance Metrics to Include in Your Vendor Scorecard

Supplier Management

Supplier Performance Reviews should use key suppliers, simple measures, and consistent processes to track performance.

Do You Have a Supplier Improvement Plan?

Do You Have a Supplier Improvement Plan?

Supplier Performance Management

Learn to handle underperforming suppliers through more frequent performance reviews and creating a remediation plan.

The 5 Stages of Effective Supplier Lifecycle Management Process

The 5 Stages of Effective Supplier Lifecycle Management Process

Supplier Management

Effective SLM includes 5 stages to maximize partnership value, reduce risk and cost, and build profitable relationships.

Supplier Segmentation and Why It Matters

Supplier Segmentation and Why It Matters

Supplier Management

Supplier segmentation should be tailored to fit your needs and be based on quantitative and qualitative metrics.

5 steps to Increase Procurement Stakeholder Visibility

5 steps to Increase Procurement Stakeholder Visibility

Procurement

Many procurement teams fall victim to obscurity within their organizations. Run internal campaigns to avoid this.

Vendor Offboarding: Checklist, Challenges, Risks, and Benefits

Vendor Offboarding: Checklist, Challenges, Risks, and Benefits

Supplier Management

Offboarding suppliers ensures sensitive information and reduces risk of data breaches and compliance violations.

How to Measure the Effectiveness of Your Procurement Team

How to Measure the Effectiveness of Your Procurement Team

Procurement

Boost ROI by understanding common KPIs which help evaluate vendor relationships and improve supplier performance.

What You Should Know Before Diving into an ERP Transition

What You Should Know Before Diving into an ERP Transition

Procurement

Transitioning from one ERP to another is a headache. If improperly integrated, they put a halt on business operations.

Being a Gatekeeper in Vendor Management: Maximizing Supply Chain Resilience by Preempting Risks

Being a Gatekeeper in Vendor Management: Maximizing Supply Chain Resilience by Preempting Risks

Risk Management

Each vendor exposes your organization to risks. Understanding this exposure is the first step to preventing risk.

Your Guide to a Positive Procurement Reputation

Your Guide to a Positive Procurement Reputation

Procurement

Creating visibility and standardized processes will go a long way to gaining trust in your organization.

Where Are You on the Procurement Maturity Scale?

Where Are You on the Procurement Maturity Scale?

Procurement

Learn how to identify the various stages of procurement maturity and how to grow your team’s impact to the next level.

Building a Strategic Sourcing Team for Procurement: 5 Sourcing Strategy Best Practices

Building a Strategic Sourcing Team for Procurement: 5 Sourcing Strategy Best Practices

Procurement

Building a team of strategic sourcing professionals may be daunting, but it can be done with a few simple steps.

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