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A fundamental element for creating operational excellence with Asset Performance Management is having the right parts on hand to complete tasks in a timely manner. Vendors and buyers alike realize this, but vendors also realize that making a connection to the buyers who need them is not always easy. Acquiring and keeping customers and processing orders are continuous challenges, especially when manual purchasing systems often create time-consuming obstacles for suppliers that endanger relationships with their customers.
Datastream 7i Supply gives vendors an opportunity to do business with Datastream 7i Buy customers who routinely purchase everything from industrial parts and materials to office suppliesall with the flexibility and convenience of the Internet. Buyers who need and want an integrated procurement network drive the demand for Datastream 7i Supply, and many vendors become Datastream 7i Supply users at buyers requests. Once using Datastream 7i Supply, vendors enhance their ability to receive orders, improve communication with buyers, and increase the reliability of business transactions. Plus, by creating an efficient, cost-effective, and consistent network for buyers, Datastream 7i Supply helps vendors:
- Increase order volume and value
- Reduce data-entry errors
- Decrease returns
- Lower order-processing time and cost
- Reducing transaction costs
- Reduce costs to acquire new customers
Vendors may choose a public catalog, which means
its contents are available to all Datastream 7i Buy customers, or a private catalog set up for an individual company. This flexibility enables Datastream 7i Supply vendors to reach a wide variety of buyers as well as set up a number of company-specific catalogs to support contracts between a vendor and buyer. Vendors may also choose to do both, depending on their needs. With Datastream 7i Supply, vendors benefit from:
- Supplier AlliancesBecome one of over 200 Datastream 7i Supply vendors to use a proven procurement solution
- TechnologyChoose from a variety of options for connecting to buyers, including full XML integration
- Supplier ServicesWork with an experienced team that assists in everything from deployment and maintenance to catalog development