Global Healthcare Exchange LLC (GHX) has finalized its acquisition of Vendormate, an Atlanta, Ga.-based company specializing in vendor relationship-management applications for healthcare providers and suppliers.
The Philippines-based logistics service provider took a concept born in manufacturing, and applied it to the services sector. The result: a significant bump in service quality and customer satisfaction.
Argue all you want about the reasons behind gridlock at U.S. West Coast ports, but one conclusion is inescapable: it proves the need for effective supply-chain risk management.
Nearly 80 percent of international businesses are unable to take advantage of early payment discounts from their suppliers, mostly due to internal payment process bottlenecks, according to global research report by Basware and MasterCard.