Supply chain collaboration is a hot topic today – and it’s easy to see why as companies that collaborate effectively across the supply chain enjoy cost reductions, more business opportunities, less admin, and healthier relationships with suppliers.
But more often than not, companies today are struggling to efficiently communicate with their suppliers for a number of different reasons. The result of this poor collaboration can jeopardize the buyer-supplier relationship, increase the time and effort spent resolving invoice issues, and sometimes lead to delayed supplier payments. All in all, it’s clear that good communication is key to robust supply chains.
Streamlining communications with suppliers
The great news for you is that Taulia has a feature called Taulia Collaborate which includes a number of tools enabling you and your suppliers to communicate efficiently. One of which is Taulia Message Board – a feature that allows your suppliers to ask you questions that are directly tied to a single purchase order, invoice, or payment document in your ERP system. Here’s how it works in five simple steps:
Benefits of using Taulia Collaborate
From streamlining communications to resolving invoice issues more effectively, the benefits of using the Taulia Collaborate and Taulia Message Board features are plentiful for both buyers and suppliers.
The bottom line is that clear, efficient communication is vital for any healthy supply chain. One company with over 3,200 suppliers has used Taulia Message Board to send on average 328 messages per month – over a seven month timeframe – significantly reducing hours of admin time. If you’re looking to increase the collaboration in your supply chain, reach out with your business consultant or contact us to learn more about partnering with Taulia.