Supplier managers should consider the advantages of innovations such as social networking to more quickly and easily locate, capture and track the information they need to mitigate supplier risk and better manage supplier performance by adding social networking to their everyday interactions with colleagues and suppliers.

FORBES: Written by Jon Bovit

Under Armour announced today that it will become the official performance footwear supplier of Major League Baseball for the 2011 season.

FORBES: Under Armour Strikes Deal with Major League Baseball

This social networking capability extends existing supplier management solutions with many applications critical to supplier management success, including supplier risk, compliance and performance management.

FORBES: Written by Jon Bovit