Vendorful leveraging data to bring visibility
SUPPLY CHAIN
Vendorful leveraging data to bring visibility
This gives operating teams more data to monitor operations in their region or site , meaning they can have more productive conversations with providers , as well as being able to drive improvements .
Reduce shipping fees With hundreds of disparate systems used by carriers and freight forwarders , updates about milestones or ETAs can often come too late or be inaccurate , causing delays or excessive dwell
Speaking at Procurement & Supply Chain LIVE : The Risk & Resilience Conference , Peter Bonney , CEO of Vendorful , spoke of the importance of supplier visibility : “ We provide our customers with the customerrelationship management software experience that sales teams have been used to for a long time .
“ Sales teams have long been able to access data about customers and prospects , and we ' re providing that kind of functionality to customers , making it easy for them to manage those supplier relationships as well as reduce the amount of time they need to spend on manual tasks such as keeping compliance data up to date .
“ How deep does Vendorful visibility go ? That depends on the level of data that we ' re given access to . We ' ll draw-in data from a customer ' s enterprise resource planning and unlock insights that traditionally have not been visible to people in procurement .
“ I think the thing that ' s interesting is we ' re finding most organisations have better data than they realise . It ' s usually locked away in different places and inaccessible to the people who want and need it . We hear stories about how , when procurement people need data , they have to email somebody to get it . The data is there and of decent quality , it ' s just not visible . We ' re unlocking that for our customers .”
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