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Getting best value from the procurement process means aligning it with your business objectives. Many organisations are now realising the importance of buyer-supplier relationships in reducing supply chain complexity.
The objective is to utilise suppliers to drive down costs, improve profit margins and enhance product quality and flow.
Companies that lack supplier management capabilities are unable to realise the full value of their supply base.
Most companies come into contact with EDI following a listing with a large key customer, who've said they must invoice through EDI.
The typical reaction is - what is EDI and how should my company prepare for this development?
Is your supply chain creating bottlenecks?
Without full visibility of suppliers and their ways of doing business it’s challenging and costly to manage them.
A new generation of vendor management tools is emerging to help companies make more confident and informed procurement decisions.
By providing clean data and rationalising information flows across the value chain they are designed to simplify the management of multiple suppliers.
Companies that work closely with suppliers derive more value from them. Improving collaboration with suppliers is the key to streamlining procurement practices to lower costs, drive innovation and respond better to changing customer needs.
PEPPOL is a game changer for public sector buyers and suppliers across Europe. By creating a common electronic trading standard it opens up new markets and reduces the cost & complexity of handling orders and invoices from multiple sources.
PEPPOL has ushered in a new era for public sector business.
PEPPOL allows suppliers to expand to the wider EU market and benefit from new opportunities and efficiencies.
Peterson recognised that to strengthen long-standing relationships with their distributors, they needed to eliminated paper from the ordering and invoicing process.
A critical factor was that the switch didn’t disrupt business as usual activities.