A supplier portal is a secure online platform that allows businesses to communicate and collaborate with their suppliers in a centralized and organized manner. Through a supplier portal, businesses can manage supplier relationships, track orders, manage inventory, access real-time data, and streamline the procurement process. Supplier portals typically contain features such as order management, invoice tracking, inventory management, performance tracking, and communication tools. These portals are customized to meet the specific needs and requirements of each business and its suppliers.
Importance of Supplier Portals