Admittedly, every company has unique supplier management challenges. However, some issues are common denominators in every industry. Since our customers span many industry verticals, Colby Young, VP of SourceDay’s NetSuite Business Unit, and Christine McAvoy, Director of Customer Success, recently co-hosted a webinar to share some of their success stories. These illustrate how a properly implemented software solution aids in removing obstacles facing high-growth companies.
Obstacle #1: Late Deliveries: Mitigating the Impact and Cost
Farmers Business Network puts up a hard fight against time and constantly changing circumstances to deliver for their customers. They had near-zero visibility into their supply chain because of their lightning-fast pace. They would ‘do what they had to do to get it done’ – but emails, sticky notes, and other triage-style solutions brought a host of problems, including bottlenecks and error-prone processes. Eric Scott, Global Procurement Operations Manager at Farmers Business Network, referring to the transformation brought about by SourceDay, said it was like “the blinders had been lifted.” Now the team can see the status of all inbound inventory in real-time. As a seasonal business, they can make PO-level adjustments according to changing needs and keep their clients informed of any adjustments to the delivery schedule.
Obstacle #2: Keeping Customers Stocked Amid a Supply Shortage
Obstacle #3: Implementation Time and User Adoption: Getting it Done Quickly
Business doesn’t stop for a software implementation. Users of the system also have their daily tasks to complete, making it a real challenge to make the change quickly, no matter how high the promised ROI is. But our client DuraMark holds the record for shortest SourceDay implementation time to date. They were up and running in just six days! The speed was critical, as they are well known among their clientele for their agility and innovation. This wasn’t just an inside job; even on the outside, SourceDay was hard at work to
Sourceday = Improved Supplier Performance = More Growth
Did you note the common thread in these scenarios? All three clients were able to achieve vastly
Ultimately, a disconnect between you and your suppliers is a threat to your business’s continued growth. Farmers Business Network, Winky Lux, and DuraMark leveraged NetSuite for their operations and bridged the supplier gap with SourceDay’s
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