Vendor Link AI-Powered Supplier Collaboration Platform
The Consequences of Ineffective Supplier Collaboration
Suppliers are crucial to the success of retail operations, offering opportunities to enhance efficiency and foster customer loyalty through enhanced collaboration. However, many supplier collaboration processes remain outdated, manual, and isolated, relying heavily on phone calls, faxes, and messages for transactions. This lack of integrated planning and execution in supply chain collaboration results in inefficiencies and a zero-sum outcome, ultimately proving costly for retailers.
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estimated impact of out of stock caused due to supplier related challenges
estimated impact of unrealized supplier-funded promotions
what it costs retailers in order and payments management
what it costs retailers in supplier and product information management
Automate supplier processes, collaborate effectively across supplier lifecycle and build actionable insights with ADA Global’s Supplier Collaboration Platform
Reduce supplier information management costs
- E-approval workflows and self-help portal for 70% faster vendor onboarding
- 100% accuracy on supplier data with process digitization
- Supply chain collaboration features for efficient master data management
Achieve faster and accurate product management
- Up to 40% faster new product introduction with collaborative launch
- 100% accurate data with GS1 global registry integration
- Efficiently manage price and cost across different markets with enhanced supplier collaboration
Create efficient and transparent order to pay cycle
- Reduce PO cycle processing time by 60% with collaborative features
- Reduce cost-per-invoice by 50% with 3-way reconciliation
- Achieve 100% data accuracy on invoices and POs in ERP
Improve promotions effectiveness and rebate recovery
- Collaborative promotions planning and performance monitoring
- Automatic rebate calculation in payment summary
- Planogram performance monitoring
Uncover and share data insights seamlessly
- Vendor Scorecard for vendor performance monitoring
- Inventory insights
- Competitive insights
- Product insights
Do more with industry-first collaborative features
- Integrated chat feature with peers and counterparts for improved supplier collaborations
- File sharing capability with access control
- Vendor Bulletin
- Mobile access for productivity boost
Voices of Transformation
Feeling inspired? Check out ADA Global insights
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