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The Challenge of Late Orders Starts with PO Acknowledgement
Dear supplier, I really need this part. What’s the status of it? One third of all materials and parts deliveries are going to be late. This unfortunate reality plays out every day for manufacturers of all sizes and industries. It leads to operational inefficiency, customer frustration, and valuable capital locked up in partly assembled orders.…
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7 Easy Steps to Improve Supplier Communication
For modern manufacturers, supplier relationships are the lifeblood of their operations. Strong relationships with suppliers are what keep manufacturing lines moving and PO changes from grinding operations to a halt. Under normal circumstances, SourceDay has found that manufacturers can expect about 50% of their purchase order lines to change from the time they send the…
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The Problem With Supplier Portals: Where They Fall Short
In the conversations today about digital transformation, supply chain agility, and organizational resilience, talk of supplier portals is conspicuously muted. Difficult to get up and running and often linked to a single ERP, the supplier portals of yore are not widely considered to be solutions for the problems of the future. And yet, there’s no…