COVID-19 has not only stirred up lives and livelihoods of people all over the world, it has also disrupted our entire economy, changed our priorities and significantly shifted our reality.
80% of finance leaders now say they expect a decrease in revenue or profit for the full year. Finance leaders are shifting their focus to cost by implementing cost-reduction measures and looking to shift supply chain strategies as a growing majority fear a significant impact on their business from COVID-19.
Many are realizing that supplier data is one of the fundamental problems when it comes to managing the entire chain. Research shows that bad quality supplier data can be very expensive and companies can save up to $6 million every year in supplier spend by leveraging trusted supplier data. Implementing a vendor portal can help, but it’s no longer enough.
Watch Rob Stowell and Rusty DiNicola from Pivotree, as they discuss how a well-implemented supplier portal can improve time-to-market, save cost and help gain a trusted view on a supplier data. They explore how companies can take modern customer service concepts and apply them to an MDM Vendor Portal for a transformative result.
Pivotree is a leading Global Commerce Services Provider supporting clients from strategy, platform selection, deployment, and hosting through to ongoing support. Our solutions start with reliable, world-class Commerce and MDM platforms fitting a variety of client needs, situations, and budgets. Pivotree is a trusted partner to over 200 market-leading brands and forward-thinking B2C and B2B companies, including many Fortune 1000.
Pivotree is a leading Global Commerce Services Provider supporting clients from strategy, platform selection, deployment, and hosting through to ongoing support. They are a trusted partner to over 200 market-leading brands and forward-thinking B2C and B2B companies, including many Fortune 1000.