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Peterson recognised that to strengthen long-standing relationships with their distributors, they needed to eliminated paper from the ordering and invoicing process.
A critical factor was that the switch didn’t disrupt business as usual activities.
It’s critical that buyers gain an effective understanding of current supply chain costs and the value derived from established processes. With an accurate assessment of supplier activity, buyers can begin to simplify ordering, minimise risks and create improvement plans.
Aside from multiple cost and efficiency savings, EDI offers access to large numbers of buyers and suppliers already connected via EDI networks. But many companies can't realise this potential, because they rely on outdated EDI systems.
Supplier portals can vary hugely in functional scope and ease of use. An advanced supplier portal puts standard business rules (set by you) in place to send and receive documents and manage your community of suppliers.
It‘s significant that Tesco have reacted to demand changes by investing in a multi-tiered process to derive maximum supply chain value. With the digital technologies and cloud capabilities that are now available, complex supply chains have become easier to manage.
Celtrino has completed testing for Codex Office Solutions to trade electronically with 16 Education Training Boards. The move is the first of its kind in Ireland for this category.
The NHS is embarking on a major overhaul of its procurement processes and the adoption of PEPPOL is at the heart of this. The NHS Framework comprises a list of approved providers that NHS trusts - and any other UK Publc sector body - can contract with to deliver PEPPOL services.
As supply chains become more complex and expensive, the onus is on supply chain managers to streamline key functions. The ability to integrate with multiple trading partners and respond to demand volatility affects the competitiveness of a company.
For every business, there are times when there's a need to get paid for cash flow reasons. Christmas is one of those times. Early invoice payment solutions such as PayMe from Celtrino can help.