In this digital era, many organisations are looking to streamline the way they engage and interact with their suppliers by using a cloud-based business network. As a supplier, it has never been more important to participate with your customer’s initiative. Here we explain why it’s of benefit to do so.
What your customers are doing
Like many organisations, they are moving to more efficient, standardised ways of communicating and transacting with their suppliers using electronic methods. They are now in the process of creating their digital business network and implementing a new way of interacting with all of their suppliers.
Why they’re doing it
They are making this transition because it will greatly streamline many of their internal processes, reduce costs and eliminate non-value-added activity. They know it will also make it easier for them to do business with, enhance mutual collaboration and strengthen your relationship.