Many clients interested in Supplier Relationship Management (SRM) are looking for better ways to stay connected with their incumbent vendors. These are vendors that you regularly work with and have built relationships with over the years.
Over time, you’ve built up your network of contacts, and most often, you are in the know of what’s happening with these vendors you work with. However, this might not be common knowledge to the rest of your team or even to your organization.
Having an active News section lets you stay connected with your incumbent network of vendors by posting updates and vice versa, allowing your network to update you on what’s happening with their organization.
You can then invite users to this group to stay connected and ensure complete transparency.
An interesting use case for the News area is opening this up to other business units in the organization. It can be turned into a marketplace where you can have business units inquiring about potential projects they’ll need specific vendors to contract.
Be sure to reach out to the tealbook team if you have any questions.