How to choose the right vendors
First and foremost, check what the supplier's own sustainability policies and procedures are, and if there is documentation and/or certifications to support these. Then, select vendors that can either integrate their electronic catalogues with your existing e-procurement system or offer a hosted procurement solution.
Second, be sure to ask your vendors if they support a custom price list or catalogue. If you already have an e-procurement system and wish to utilise punch-out, ask the vendor how custom catalogues are created.
Third, if you're working with VARs or third-party suppliers, be sure to ask if their pricing catalogues and/or hosted procurement solution are integrated with the original equipment manufacturer's (OEM) catalogues. This will indicate how up-to-date the pricing information and product availability are.
Last, but not least, ask about reporting and data transparency. If you already have an e-procurement system, you should be able to set up all the reports necessary to provide the right level of insight.
Andy Cocks is chief technology officer, Dimension Data Asia Pacific.
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