HOW TO MAKE YOUR SUPPLIERS DELIVER ON TIME – ALWAYS!

Every supply chain managers most important task is to ensure the Material is there – where it is needed and when it is needed. Having said that, it is not easy to do it every time right. There are many links in the supply chain and even if one link breaks, the chain breaks. One of the important link is that the supplier delivers on time as needed by the purchasing process. Refer this article that talks about how to motivate [...]

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BENEFITS OF SUPPLIER PORTAL

A few of the benefits enabled by the introduction of supplier portals include: Broader Supplier Enablement Portals enabled a new tier of suppliers to automate routine supply chain execution transactions such as purchase orders, ship notices and commercial invoices. EDI had gained a critical mass of usage amongst larger companies. However, smaller businesses often struggled to find the resources, budget and in-house expertise to implement EDI. Portals filled the white space in the market quickly. Anyone with a PC and an [...]

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USING A SUPPLIER PORTAL FOR PURCHASE ORDER MANAGEMENT IN THE GLOBAL MARKET

Routine reliance on an extended global supplier network has resulted in a more complex and lengthy procurement process. Emails, phone calls and faxes simply don’t support the collaboration between buyers and suppliers that is required for successful global trade. Purchasers face these challenges when trying to source product and manage suppliers across their network Efficiently placing orders and receiving confirmation that the orders can be filled in the required time frame Avoiding the errors and misunderstandings that can come from re keying [...]

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BENEFITS OF SUPPLIER PORTAL

A few of the benefits enabled by the introduction of supplier portals include: Broader Supplier Enablement Portals enabled a new tier of suppliers to automate routine supply chain execution transactions such as purchase orders, ship notices and commercial invoices. EDI had gained a critical mass of usage amongst larger companies. However, smaller businesses often struggled to find the resources, budget and in-house expertise to implement EDI. Portals filled the white space in the market quickly. Anyone with a PC and an [...]

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WHAT IS ROUTING REQUEST AND HOW TO USE IT?

Routing Request Many of the large customers like Amazon expect their suppliers to request for a carrier assignment for their shipments. This is almost always compulsory for collect freight where the customer pays the freight charges. Suppliers to provide expected pick up date ,pick up location, nature, weight, volume of the consignment. Based on their negotiated rate customer will assign the carrier and inform the suppliers. Supplier to keep the consignment ready for the carrier to pick up on the [...]

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AMAZON VENDOR CENTRAL & EDI

Amazon uses Vendor Central to manage its business operations with suppliers. For non EDI suppliers the typical process of Purchase Order, Fulfillment, and Invoicing is: Amazon releases Purchase Orders to suppliers periodically. An e-mail will be sent to suppliers informing them a new Purchase Order is released. Within a few days the suppliers are supposed to log in to Vendor Central and confirm the Purchase Orders. If they are not able to deliver on the required date, they need to back order the [...]

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HOW TO BECOME EDI COMPLIANT USING QUICKBOOKS

What is EDI Compliance Many of the retailers like Amazon,Walmart,Home Depot , Fry’s Electronics insist on their vendors to be EDI compliant. You might be wondering what it takes to become EDI compliant without using complex and expensive EDI software. To become EDI compliant, there are only two or three steps needed Able to send and receive documents electronically Able to read and write documents in EDI format. Sending and Receiving EDI Documents Everyone is aware of sending and receiving documents through email. You simply [...]

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UNDERSTANDING EDI – BASICS

Introduction If you are a small business owner, doing business with large retailers like Amazon, Walmart, or Home Depot – you might have heard this – “Can you become EDI compliant to do business with us. We prefer EDI compliant vendors”. So you start looking around what is EDI and how to become EDI compliant What is EDI EDI stands for Electronic Data Interchange. This is the standards provided for machine to machine communication of business documents. To explain further, if someone mentions [...]

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HOW TO START A DROP SHIP ONLINE E COMMERCE BUSINESS

Any E commerce Business will love to have zero inventory in stock, yet do a lot of sales. This is possible with drop shipping operations. Basically, you find a reliable supplier who maintains inventory of items that you want to sell, negotiate price with the supplier and get the list of items. Publish the list in your online stores and let customers place order on you. Turn around the order to your drop ship supplier and let them directly ship [...]

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LOCAL BUSINESS TO GLOBAL BUSINESS – ONLINE ECOMMERCE

Retail Stores and Online Stores – Best of Both You might be a running a Mom and Pop shop. May be an antique stores in a small town and wondering how to expand the business beyond the boundaries of the neighborhood, town or city or even country. Amazon, Ebay, Shopify – Your gateways to the online world You can sell the same items you are selling in the stores in online stores also and ship to customers when orders are received. Online [...]

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