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References
Definition
A "Vendor Portal" or "Supplier Portal" is an important component in a complete supply chain solution which allows your suppliers to work in a self-serve environment.
Purpose
The primary goal of a Vendor Portal is to lower the overall cost per transaction. This means lowering of overall cost period - for both the Vendor (Supplier) and the Retailer. The expected consequence of lowered overall cost per transaction is a lower overall cost of The Product passed on to The Customer, and therefore a competitive advantage in The Market.
Features
Here is a list of common features of many popular Vendor Portals:
- Secure login
- Common subsites or sections for all Vendors
- Private subsites or sections for each Vendor
- Vendor/Supplier News & Announcements
- Retailer News & Announcements
- Document Library
- PIcture/Media Library
- Reporting Publising & Viewing
- Vendor/Supplier RFI / RFQ Requesting
- Ordering
- Payment (eInvoicing)
- Contract Negotiation
- Logistics Tracking & Reporting
- Incentive Negotiation
- Incentive Tracking & Reporting
- Issue Resolution
- Vendor/Retailer Collaboration
- Vendor/Retailer Project Management
- Vendor/Supplier FAQs
- Retailer FAQs
- Vendor-Retailer Project Sites
Activities
Here is a list of Common Activities performed in a Vendor Portal:
- READING Documentation
- SHARING News & Announcements
- SIGNING Agreements
- NEGOTIATING contracts
- EXECUTING contracts & legal agreements
- SHARING confidential information
- ORDERING products & services
- PAYING for products & services
- PUBLISHING reports
- VIEWING reports
- VIEWING supplier/retailer training media
- EDUCATING/TRAINING Vendors/Suppliers
- EDUCATING/TRAINING Retailer
- DISCUSSING vendor-relevant topics
- COLLABORATING on vendor/retailer - relevant projects
- MANAGING vendor/retailer - relevant projects
Users
Components
Network Architecture
A Vendor Portal is typically set up and operated within a company's DMZ or "Perimeter Network" - that region of a LAN behind the primary router and primary firewall, and the secondary router which protects the corporate LAN...
The following diagram illustrates a typical Vendor Portal implementation:
