Remove Buyers Remove Buying process Remove Sourcing Remove Supply Chain Optimization
article thumbnail

How To Meet The Needs Of B2B & Industrial Buyers [Updated 2022]

The Thomas Blog

And so do the buyers of your company's products or services. By understanding what your buyers have on their plates, you can more easily accomplish one of your most important tasks — generating more leads and contributing to your bottom line. From a supplier's perspective, the industrial buying cycle is a two-step process: 1.

Buyers 128
article thumbnail

User Adoption and the Rise of the AI Chatbots: The End of Maverick Spend, Vendor Rationalization and Change Management

Procurement Insights

80% of your typical use case across Source to Pay happens on Merlin Chatbot, which is built into Microsoft Teams. Maverick spend was not the result of obstinate buyers refusing to use the “new system.” The problem is that batch-based supply-chain tools “can’t support swift resolution of supply chain glitches.”

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How To Find Customers For Your Manufacturing Business

The Thomas Blog

To start, industrial businesses will need an effective online marketing and sales strategy to help them achieve their business goals — because the B2B buyer behavior has changed. Here are a few things to keep in mind if you're a manufacturer looking for more customers: Optimize Your Website To Convert New Customers. Capabilities.

Buyers 64
article thumbnail

What is a Sourcing Agency and How does it work?

SCMDOJO

In the global world of businesses, companies often seek help from sourcing agencies to figure out how to get the things they need. But what’s a sourcing agency or sourcing agent and how does it make buying things easier? Let’s explore this world of sourcing agencies and understand what they do.

article thumbnail

Process Based Inventory Turnover Improvement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. In our experience the best way to systemically, and sustainably, optimize inventory is to take a process based inventory turnover improvement approach. A Process Based Approach. Buyers historically purchased materials in a very indistinguishable manner. Subscribe Here!