PRGX Webinar 3 Ways Retailers Can Minimize Vendor Abrasion and Supplier Friction
Webinar presents case studies from best-in-class retailers on how to minimize supplier friction and strengthen vendor partnerships
ATLANTA, July 07, 2020 (GLOBE NEWSWIRE) -- PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit and spend analytics services, announced its recent webinar, “3 Ways to Minimize Abrasion with Retail Vendors,” is now available for viewing.
The relationship between retailers and their vendors is built upon trust, ongoing communication and the ability to order, receive, promote and pay for goods and services. Errors, however, are inevitable during that process. Considering the size and scale of many supplier-retailer relationships, those errors can oftentimes result in millions of dollars in profit leakage.
Hosted by PRGX Regional Vice President Scott Brown and PRGX Senior Audit Director Patrick Miller, this webinar is designed to help retailers address common points of supplier friction, identify three key areas to minimize abrasion and ultimately improve the supplier-retailer relationship.
“There is a great deal of opportunity for retailers and suppliers to establish mutually beneficial relationships that stick to the terms of their contracts and minimize the potential for profit leakage,” said Brown. “While vendor abrasion is a persistent issue, strengthening partnerships with the vendor community enables retailers to enhance their own operations and realize the full value of the relationship.”
The webinar, which was hosted on June 2, is available at https://www.prgx.com/resources/3-ways-to-minimize-abrasion-with-retail ....
PRGX helps companies spot value in their source-to-pay processes that other sophisticated solutions didn’t get to before. Having identified more than 300 common points of leakage, we help companies reach wider, dig deeper, and act faster to get more value out of their source-to-pay data. We pioneered this industry 50 years ago, and today we help clients in more than 30 countries take back $1.2 billion in annual cash flow. It’s why 75% of top global retailers and a third of the largest companies in the Fortune 500 rely on us. For additional information on PRGX, please visit www.prgx.com.
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