Six Key Ways Supplier Enablement Solutions Can Immediately Reduce Offshore Sourcing Costs in Complex, Import-Driven Supply Chains
Source: HighJump Software
Meeting customer demands accurately and on time requires one to have a great deal of control over the supply chain processes - and all of the trading partners involved. Yet, developing and maintaining effective communication with a network of disparate suppliers located around the world is a challenge many companies are unable to conquer. These companies are dealing with long lead times, language barriers and time zone differences that can make the process nearly impossible. For those able to establish open lines of supplier communication and coordinate transactions with an integrated supplier enablement solution, a host of benefits awaits. These include reduced inventory levels, compressed cycle times and lower costs throughout the supply chain. But how does a company begin to attain these goals?