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Ten Tips for Encouraging Supplier Innovation

Ten Tips for Encouraging Supplier Innovations - Nowadays, more and more organizations are reaching to their suppliers to encourage the innovation process in order to improve their own business models, services, and products that they offer the end customers. Here are some invaluable tips to help you maximize the supplier innovation potential for your business. It has become pretty much obvious that innovation is the...

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Customer Acquisition Strategy

Customer Acquisition Strategies vary from company to company. Dеvеlорing a ѕuссеѕѕful customer асԛuiѕitiоn ѕtrаtеgу for your organization саn ѕееm likе a dаunting tаѕk. Every buѕinеѕѕ wаntѕ tо mаximizе рrоduсtivitу for grеаtеr ROI, аnd you mау bе left wоndеring hоw to create a long-term ѕuссеѕѕful ѕtrаtеgу whеn thеrе are many сuѕtоmеr асԛuiѕitiоn methods to consider....

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Basic Tips for Supply Chain Optimization

Basic Tips for Supply Chain Optimization. Keeping a track of your orders from the moment you initially contacted the suppliers through the point of delivery can be quite a challenge for any organization. It comes without saying that creating purchase orders and sharing them with the suppliers from one centralized place directly and efficiency is essential for managing a successful Procure-to-pay operation....

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EInvoicing - The Basics

E-invoicing methods are used by trading partners, such as customers and their suppliers, to present and monitor transactional documents between one another and ensure the terms of their trading agreements are being met. These documents include invoices, purchase orders, debit notes, credit notes, payment terms and instructions, and remittance slips....

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Reverse Factoring - An Important Piece of the Supply Chain Financing Pie

Reverse Factoring is a form of receivable financing in trade finance whereby a buyer arranges for the financing of invoices raised on him by a supplier. Reverse Factoring is very similar to traditional factoring with the noticeable difference of the buyer being the arranger of the facility rather than the supplier as in traditional factoring....

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