Three supply chains problems you didn’t think could be fixed
September 12, 2022
Article courtesy of OPENTEXT
Board-level strategies to revitalize supply chains are running into operational roadblocks. Processes that underpin supplier onboarding and access, once regarded as being “good enough,” “nice to have,” or “cost prohibitive” have been failing under the weight of supply chain expansion and consolidation.
The result: delayed time to value, cost avoidance, and risk mitigation. Every collaborative trading partner represents cost avoidance, and lots of it. But manual onboarding processes and increased partner activity are delaying onboarding partners – and the cost they avoid. Add to that the increase in auditor interest to [not] see standardized processes to manage and monitor third-party access, plus CEO mandates for cross-functional collaboration.
As a proven global collaboration platform, OpenText Supplier Portal solves these and other painful issues that reduce supply chain value:
• On-boarding and off-boarding suppliers
• Gain visibility into supplier changes
• Cross-functional collaboration
For more information, please contact Timothy Chan at +65 97895804 or email to ychan@opentext.com