Three Options When Deploying a Supplier Portal
An essential report because supplier portals' No. 1 business problem is inefficient communication with suppliers.
- William McNeill, Senior Director Analyst
- Micky Keck, Director Analyst
- Koray Kose, Senior Director Analyst
Per Gartner, "There are three major options when deploying a supplier portal. This quick answer report will help supply chain IT leaders supporting procurement identify the best one for their business."
This report is essential because supplier portals' No. 1 business problem is inefficient communication with suppliers. Using portals, organizations can pass accurate and timely information directly onto a platform that integrates trading partners, including suppliers, contract manufacturers, logistics service providers and more.
Portals enable greater supplier collaboration around core business processes from data management to sourcing invoice settlement to new product development, forecasting and manufacturing. According to Gartner, "Customers need to keep the supplier's concerns in mind when determining which approach they want to use for the technology behind the portal. We recommend working with a few key suppliers to understand their wants, needs, willingness and capabilities in terms of working through a supplier portal."
Gartner Quick Answer: 3 Options When Deploying a Supplier Portal, William McNeill, Micky Keck, Koray Kose, 28 July 2021.
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The Gartner document is available upon request from apexanalytix.