Why B2B Integration Needs to Be The Foundation For Multi-Tier Supplier Control?

Every company wants to collaborate with suppliers and manage the entire supply process—from procurement through receipt. The benefits of doing this are huge – all the way from reducing costs to avoiding disruptions and even identifying bill of materials changes in real-time to change product requirements before it’s actually ordered.

Today, we will discuss the #1 most important factor that can transform your organization to achieve multi-tier supplier control.

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Paper Work Dragging You Down? The Benefits of Automating B2B Processes 

The data-driven supply chain is a hot topic right now, but the not-so-secret reality is many B2B companies still rely on paper processes for procurement. It’s particularly an issue with smaller suppliers, who may not see the value in automating orders, invoicing or payments and other B2B processes.

These suppliers may be costing you more than you realize. A recent EBN Online article discusses the costs of hand-signing B2B documents and why switching to electronic B2B signatures leads to substantial payoffs.

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How B2B Technology Can Support Supply Chain Management in Latin America

There are good reasons why more companies are moving manufacturing to Central and SouthAmerica, including lower labor costs, the proximity to North America and access to natural resources.

As manufacturing and supply chains take root in Latin America, there’s one particular issue business leaders and CIOs should address: Latin American companies tend to lag in technology adoption, so much so, it can impact the bottom line.

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Four Steps to Create Supply Chain Collaboration in 2014

Supply chain trends don’t always change with the year. A recent Supply Chain Digital column predicts some changes from 2013 will continue to be a factor in 2014, including collaboration.

“Collaboration is no longer just a word,” writes DHL Supply Chain VP Mark Patterson. “For many firms, collaboration is no longer just a concept that is merely talked about: it has real meaning and significance.”

While Patterson points to collaboration within industries and across different sectors, for supply chain leaders, collaboration will mean fostering better relationships with B2B partners. As we’ve shared in past posts, a collaborative supply chain can support innovation and create a strategic advantage.

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