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Improved VendorRelationships. Today vendors have options and like to work with companies that value relationships. Automation of procurement processes, along with a seamless integration of the other systems such as ERP, WMS, and TMS, will ensure enhanced supplychainvisibility. for each invoice.
In light of this, enterprise leaders must keep their eyes peeled for healthy vendorrelationships that will last beyond 2022. The era of the linear, traditional supplychain is long gone. In this blog, we will highlight some high-risk areas that need fixing and ways you can go about building better supplier relationships.
Supplier relationship management: Unarguably, humans are better at dealing with other humans than AI is. Interpersonal skills and trust building are key aspects of a supplier-vendorrelationship that AI can’t yet replicate.
Energy & Utilities Why: Critical infrastructure, environmental regulations, and complex vendorrelationships. is best aligned with highly regulated, risk-sensitive, and supply chainintensive industriesespecially those facing rapid regulatory change, ESG mandates, and complex third-party ecosystems. Rank Industry Certa.ai
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