The Social Vendor Management System

There are hundreds of stats on the growing use of social media, but all we really need to do is look around. Smartphones in hand, people of all ages are re-tweeting, liking a Facebook status and Instagramming their favorite photos every day.

We also don’t need research to tell us why social media usage rates continue to grow so aggressively. Social software helps us stay connected. This reason alone explains why social tools have found their way into our business lives as well. Adding tools like instant chat, starring and tagging to a business environment allows companies to replicate how users communicate personally — and the successful connections they create.

In the last year, big technology companies like Google, Salesforce and others have invested more than $2.5 billion in adding social tools to their enterprise suites. Vendor management system (VMS) companies are following suit.

How exactly do embedded social tools improve your VMS? In Fieldglass’ new e-book, A Social Vendor Management System: What, Why and How, we explain how a social VMS allows you to:

  • Increase your program efficiency by giving hiring managers instant access to experts who have been through the same sourcing challenges.
  • Improve key relationships by offering more ways for suppliers and hiring managers to communicate through your VMS.
  • Optimize the supply chain by enabling better collaboration and faster decision-making.
  • Facilitate better front-line decision making by documenting notes on candidates and workers.
  • Preserve tribal knowledge by storing and sharing all information and communication within your VMS.

Learn more in our new e-book. It is available for free download here. (short registration required)

 

Arun Srinivasan

Arun Srinivasan
Arun Srinivasan is VP of marketing and strategy at Fieldglass. He can be reached at asrinivasan (at) fieldglass (dot) com.

Arun Srinivasan

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