Create an online platform to increase the visibility among the suppliers and ease the process of supply chain management.
Vendor portal is a framework for integrating information, people and processes across organizational boundaries.Vendor portals provide a secure unified access point and aggregate and personalize information through application-specific portlets.
Vendor portals is the decentralized content contribution and content management, which keeps updated information.
A vendor portal offers great opportunities for small and mid-sized companies to enjoy the benefits of group purchasing.
Benefits of Vendor Portal
Improved Purchasing Situations
Provide the suppliers with an platform to deal with better prices, smarter delivery and lower risks with overall information of your broader network. The wider network provides with options to in hand to compare and deal with lower prices and improve your profit.
Strengthened Localised Dealings
Increase the visibility of the small and medium sized organisations to help them ease out the localised purchases.Standing out in the niche market provides better opportunities for sale of goods and thus with better profits.
Reduction in Purchasing Price
Eliminate all the paperwork that slows you down and bring all the communication together reducing inventory costs. Access your requirements all at one place to do a hassle free business.
Enhanced Research
Use your vendor network to leverage the research and analysis required to strengthen the business with the new found process transparent working platform.
B2B portal will help to analyse the market and stay ahead of the price competitions and increase the profit margin.