Vendor performance directly impacts material flow, cost control, and customer satisfaction. Here’s how to approach your 2025 vendor sourcing strategy using your ERP tools.
Use dashboards to create vendor scorecards for easy comparisons.
Group vendors by material (steel, insulation, concrete, etc.) so you can see how diversified or dependent your sourcing strategy is.
Don’t rely on a single supplier for fast-moving or critical items like OSB or drywall. Use your ERP to tag approved secondary suppliers.
Record and chart historical pricing for key materials across vendors. This helps you negotiate better contracts and spot pricing spikes.
Use minimum/maximum inventory rules in your ERP to auto-generate POs to your top vendors—saving time and preventing delays.
Give vendors access to shared ERP modules to view POs, delivery schedules, or submit shipment confirmations directly.
Vendor relationships are long-term partnerships—make them data-driven. Want help setting up a smarter sourcing system? Reach out and we’ll show you how.
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