There has never been a better opportunity to simplify B2B processes and resolve long-standing problems.
This is a result of the current macroclimate difficulties and the dynamics of the global trade market, which have driven many businesses’ need to assure the survival of their supply chains while emphasizing the importance of creating effective, frictionless vendor relationships.
For such businesses, it’s fortunate that FinTech technologies, future-proof payment methods, and vibrant, next-generation B2B marketplaces are progressively opening up new doors for critical operational and relational reforms, across all industries and geographical boundaries.
The supply chain in B2B trading, which has historically been controlled by manual processes, is particularly suitable for modernization.
Finding and Resolving Outstanding Technical Debts: The Procurement Journey
Businesses all across the world have received a crash course on the need of supply chain resiliency during the last three years as the epidemic wreaked havoc along established trade channels.
Manufacturing and retail businesses, in particular heavy industries and those most dependent on tangible goods and raw materials, were particularly hard hit.