It allows to enter in a portal, to which all external stakeholder have access, offer requests for material purchase. The suppliers, in connection with all demands received, can enter in the Vendor Portal their own offers. Who required these offers, can thus compare them and choose the one deemed best or more cost effective. The offer is converted into a purchase request, that on its turn is transformed into a purchase order, which is transferred from NOW to the portal. From here the supplier approves the order and processes it. Thanks to Vendor Portal, the supplier can also send the detailed list of what he is going to deliver (ASN – Advanced Shipped Note).
It improves communication and interaction supplier and users
It enhances the accessibility to the Dashboard from the suppliers
It notices the progression of the shipment
The users can compare the quotations