Do you have a backup supplier?

May 12th, 2020

If you are currently working with SafeSourcing then you know...……………..

 

Today’s post is by Troy Lowe; Vice President of Development at SafeSourcing.

If you are currently working with SafeSourcing then you know that we are an e-procurement company offering a complete procure-to-pay suite of applications under the SafeSourceIt™ banner that reduces costs, improves efficiency and extends the reach of your current procurement organization. The heart of our family of products is our eSourcing tools which includes our popular reverse auction technology. Our historic ROI is greater than 10x and in many cases companies receive an ROI on their subsequent roll-out during the pilot stage. As part of this service, we research suppliers and find the ones that will meet your needs for the products or services you wish to source. The vetting process leaves us with a list of potential suppliers that you can use for your sourcing needs.

Most companies try to use a single supplier for their sourcing. This is usually done because it is more efficient and there is usually less administrative effort. Are you using a single supplier for your sourcing needs? If so, what happens if there is an emergency that disrupts the supply chain and your supplier happens to be one of those affected? Do you have an alternative supplier that you can turn to? From my experience, a lot of companies do not. This is where we can help. Our supplier vetting process, mentioned above, can also be used to help you find other suppliers when you are in a pinch. We work with a lot companies and when we complete our supplier research they are usually surprised at the many other supplier choices that are available. If you fall into this category and would like help finding alternate supplier feel free to contact us. Below is a list of some of our other offerings.

  • Buyer Training
  • Category Discovery
  • Category to Market Strategy
  • Event Set-Up
  • Event Training
  • ROI Delivery
  • Supplier Safety Certifications
  • Supplier Selection
  • Supplier Training

If you are looking for help finding additional suppliers and would like help, feel free to contact SafeSourcing.   We can gather all the necessary information for you and help you decide which one meets your needs. If you would like more information on how SafeSourcing can help you, please contact a SafeSourcing Customer Service representative.  We have an entire team ready to assist you today.

 

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