Supplier Enablement is the process of electronically connecting suppliers to a company's supply chain to help companies meet their customer demand by procuring materials quickly and at the right cost. An enabled supplier relationship includes enhanced communication and automation of the purchase order, invoice and payment processes; online catalog management, if used; an actively managed automated or self-service process to consistently update supplier information, to include collection, verification, and cleansing; and strategic sourcing activities such as eRFx and online auctions.
Why is an enabled supplier relationship important?
It goes without saying that the relationship between the supplier and the company is of utmost importance, as it directly affects an organization's relationship with their clients. The faster and more efficiently one meets customer demand, at the right cost, the happier the client will be. Effective supplier enablement results in improved communication and improved quality of supplier relationships, keeping materials and services flowing without the increased fear of breaks in the supply chain. But even more importantly, the benefits of supplier enablement directly affects the bottom-line by reducing or eliminating manual processes and improved communication.
Why choose Puridiom to enable your suppliers?
Puridiom's Supplier Management module is rich in features to easily enable you to connect with your suppliers. Team Puridiom is there every step of the way to enhance communications with all of your suppliers and provide you with the structure and process necessary to effectively use the supplier data. Supplier performance and order history are available at the touch of a button, enabling you to determine supplier efficiency with a single click. Click here to read more.
Puridiom provides an easy and secure registration process for your suppliers. Click here to read more.
Puridiom provides a supplier information management system to collect, verify, cleanse, and actively manage supplier information on a regular basis. Click here to read more.
Puridiom has a proven record of enabling suppliers and improving supplier relations. Click here to read a case study.
To learn more about Supplier Enablement, view the Aberdeen Group's Supplier Enablement Benchmark Report.