Lack of visibility into current suppliers' product offerings drives inefficient use of time and money spent finding and onboarding auxiliary suppliers to meet project needs. Parq's supply chain software can improve supplier transparency by providing a centralized platform for managing and tracking the performance of suppliers. By leveraging the resources of other business units within the company, you can streamline your procurement process and save time and money. This means that you may not need to go through the process of onboarding a new supplier, as an existing supplier may already be able to meet your needs.
Contracts are negotiated and designed specifically to meet the needs of each individual customer and the budgets associated with improving supply chain performance. Talk to a member of our team for your bespoke quote.
Empowering procurement teams with digital solutions allow for personnel to spend less time searching for supplier information and onboarding new suppliers, and more time thinking strategically about supplier relationships.
Our platform was designed to require minimal resources from our customers. Our solutions are tailored to your organization’s data structure, and specific inputs will vary.
Using a data-driven approach to procurement offers immense value. The future of supply chain and procurement software is proactive, as opposed to historical reactive technologies. Procurement teams can now better work towards company-wide initiatives by factoring in supply chain risk, trusted spend analytics, sustainability and diversity scorecards, and a comprehensive vendor scoring system on company projects. Having data at the forefront of procurement allows for process agility, stronger decision making, proactive risk monitoring, and improving compliance. It is the combination of these things that ultimately saves valuable time and money.
We recommend an initial pilot period of three to six months where we will target an ROI on your investment in Parq of at least 10x. During this period we will integrate your existing supplier data and set up your unique vendor ecosystem.