Today, businesses are increasingly recognizing the value of diversity and inclusion. This extends beyond the workforce and into the supply chain. By fostering a diverse vendor base, organizations can receive many benefits, from improved innovation and creativity to enhanced risk management and stronger community relationships. In this blog post, we’ll discuss the importance of vendor […]
Read Full December 10, 2024
Vendor portals have become essential tools for streamlining procurement processes and improving communication between businesses and their vendors. However, getting vendors to adopt these portals can be a significant challenge. Here are some strategies to overcome these hurdles and help with promoting vendor portal adoption. Clear Communication and Value Proposition User-Friendly Design and Onboarding Incentives […]
Read Full November 26, 2024
A resilient and efficient supply chain can significantly impact a company’s bottom line, customer satisfaction, and overall business performance. As supply chains become increasingly complex, maintaining their health requires a multifaceted approach. In this blog post, we’ll discuss establishing and maintaining healthy supply chains. Why Supply Chain Health Matters Supply chains are the backbone of […]
Read Full November 5, 2024
Essential Back-Office Technology Investments & Features Once seen as a purely operational department, the back office has grown in importance and now plays a critical role in a company’s overall strategy. Its efficiency and adaptability directly impact an organization’s bottom line and overall competitiveness. Future-proofing your back office operations through the technology you choose to […]
Read Full August 13, 2024
Vendor compliance is a cornerstone of a well-managed business, and keeping a close eye on your vendors to ensure compliance at all times is crucial to limiting your organization’s risk. What is vendor compliance? Vendor compliance is the process of ensuring your suppliers and partners adhere to specific rules, standards, and regulations. While it might […]
Using Vendor Portals to Streamline Onboarding and Beyond For companies managing a large number of vendors, the onboarding process can be a time-consuming and error-prone task. From collecting paperwork to verifying information, a manual onboarding process can be a significant drain on resources. A vendor portal offers a streamlined solution to this challenge and delivers […]
Traditionally, constructing and delivering vendor packets involved a manual, time-consuming process. This often included gathering various documents, such as contracts, certificates, and contact information, and then assembling them into a comprehensive packet.
Read Full January 23, 2024
Automating back-office processes can deliver big savings! Back-office automation in convenience stores and travel stops can offer numerous significant benefits including enhancing overall operational efficiency, customer service, and profitability. Here are some key advantages available by including automation in C-stores & travel stops: Inventory Management: Point of Sale (POS) Efficiency: Order and Supplier Management: Vendor […]
Read Full January 16, 2024
Foodservice distribution companies can reap big rewards! Back-office automation in food service distribution can bring about several benefits, streamlining operations, improving overall efficiency and adding to the bottom line. The economic and supply chain benefits of automation cannot be overestimated. Here are some key advantages to adding back-office automation in food distribution: Order Processing Efficiency: […]
A vendor portal, or supplier portal, is a web-based platform that facilitates communication, collaboration and transactions between a company and its suppliers or vendors. The features and benefits of a vendor portal are many and varied and depend on specific needs and functionalities.
Read Full January 9, 2024