“The opportunities that come from the consolidation and enhancement of data can have a healthy business impact.”
Greg Brown, Head of Procurement Directorate
Purchase Order Visibility
The HICX Supplier Experience Portal provides visibility into the status and details of their purchase orders. It empowers suppliers by providing them with information about their purchase orders, facilitating better communication and collaboration.
Here are some key features and benefits:
- Enhanced Transparency: Enables suppliers to proactively manage their order fulfillment.
- Improved Accuracy and Efficiency: Automation ensures accurate data capture, reduces discrepancies, and streamlines the overall ordering and fulfillment workflow.
- Inventory Optimization: Suppliers can gain insights into your demand patterns, ensuring they have the right stock available at the right time, reducing costs.
- Stronger Relationships: This level of visibility and responsiveness improves supplier adoption of systems.
Better pricing
Purchase orders provide a documented record of the agreed-upon pricing and terms, which can help to ensure that suppliers charge the correct amount and that buyers are not overcharged. This can help to improve pricing accuracy and reduce disputes.
Become Customer of Choice
Cultivate transparency and trust between you and your suppliers. It creates a partnership environment where both parties work together towards mutual success, fostering stronger relationships and long-term collaborations.
Reduce errors
Ensure that the correct items are delivered, at the correct quantity, and at the agreed-upon price. This can help to reduce errors, such as receiving the wrong item or quantity, or being charged the wrong amount.
