Author: JoeFlynn

P2P Connect > Articles posted by JoeFlynn (Page 11)
Vendor Master Management 7 Tips

Vendor Master Management strategies are what makes it possible for you to create a strong and mutually beneficial relationship with your service providers and suppliers. That’s why it’s completely wrong and unjust to say that vendor management is nothing more than a couple of negotiations aiming to win the lowest price possible for your business. Vendor master management offers so much more if you press...

Read More
10 Simple Concepts That Everyone Can Use to Reduce Supply Chain Risk

Supplier evaluation checklist strategies vary from company to company. In most cases, they can be a proactive way to expand your organization’s ability to reduce supply chain risk as well as attract and maintain the right suppliers. Establishing a company-wide methodology to help evaluate suppliers is easier than you think and will contribute to making sure that you avoid mistakes....

Read More
Purchase Order Financing Explored

Purchase Order financing is gaining popularity as an innovative tool that allows companies to get cash advances from financiers against certain Purchase Orders. This allows the company which might be short on cash to borrow the funds required to purchase supplies required to manufacture goods rather than use their cash. Purchase Order financing differs from factoring or invoice financing in the sense that it provides...

Read More
Top 10 Benefits to a Vendor Portal

Vendor Portal Benefits take many forms. Many people do not realize just how integrated a configurable a vendor portal will end up until they bring their team together and start to collect requirements. Also known as a Supplier Portal, they are web-based and genuine vendor management solutions that provide multiple benefits with an excellent opportunity to work and communicate with your vendors in a safe, secure,...

Read More