Criteria to consider while onboarding an aggregator

In today’s dynamic world of supply chain, engaging a procurement aggregator adds a lot of value to your business. B2B procurement aggregators like Bulk MRO offer customized solutions for vendor consolidation, fulfillment and financing needs of a company.
Before partnering with a supply chain aggregator, consider if they offer the following:
Strong Partnerships: Aggregators should foster long-term, mutually beneficial relationships with suppliers and existing customers. Their initiatives for credit support demonstrate commitment to building trust, reliability, and collaborative partnerships that drive success for all parties involved.
Smooth Operations: With an aggregator’s financial support in place, suppliers can confidently focus on their production activities, knowing that they have the necessary resources to fulfill orders. This ensures smooth operations, timely deliveries, and customer satisfaction.
Extended Payment Terms: Aggregators offer extended payment terms to customers. You have the flexibility to pay for your ordered products after they are delivered to your warehouse, giving you more time to manage your finances effectively and optimize your cash flow.
Supplier Due Diligence: With aggregators, you can rest assured knowing that your suppliers guarantee authenticity, continuity and safety while doing business . They visit suppliers and hold inspections to verify their quality and quantity, and ensure they meet your expectations.
After Sales Services: Aggregators provide the same support as OEMs do to customers after supply of materials. If need be, they ensure a representative is present on site until challenges are resolved.
Quick Turn Around Ttime: With a large team of experienced professionals, aggregators are extremely responsive and can provide quotes in a short span of 48 hours.
Easy Access to Management: Aggregators have senior resources just a call away to cater to a customer’s needs. Unlike traditional large enterprises, customers have access and can benefit from the expertise of senior management for supply chain management.
Agility and Flexibility: Aggregators have dedicated resources that adapt to situations quickly and work round the clock to be at your service.
Support to Customer’s Teams: Aggregators become an extension of your procurement and accounts teams by offering solutions for end to end procurement and flexible working capital. They save time and effort for your teams so that you can focus on your core business operations.
Single Invoice, Single GST: With aggregators, you will receive a single invoice for all your procurement, streamlining your accounting processes. You have a single tax point for all your purchases. They ensure compliance and provide clarity when it comes to taxation.
Customer-Centric Approach: Aggregators prioritize their customers and their satisfaction. They strive to understand your unique needs and provide tailored solutions.
Quality Assurance: Aggregators partner with reputable suppliers to ensure that you receive products of the highest quality. Their commitment to quality assurance guarantees your satisfaction with the delivered goods.
Streamlined and Simplified Procurement Process: Aggregator platforms streamline the procurement process by aligning payment terms with manufacturing and delivery. By offering a seamless payment flow from customers to suppliers, they eliminate potential delays and disputes, resulting in faster transactions and increased overall efficiency. From order placement to logistics, delivery and payment, they handle the entire process.
Last Mile Delivery: Reliable Last Mile Delivery: Aggregators have dedicated teams that ensure that your products are delivered safely and on time to their final destination.
Global Reach: Aggregators help streamline international trade operations for businesses. Their global operations and global network of trusted suppliers to provide you products and services at the best rates and of the best quality.
Modern Technology: Aggregators leverage technology and logistics expertise to optimize routes, track shipments, and provide real-time updates, ensuring a smooth and hassle-free delivery experience.
Ultimately, hiring a procurement aggregator bolsters competitiveness, cost-efficiency, and strategic agility in the ever-evolving supply chain industry. Partner with Bulk MRO for all of the above and begin a relationship that will be mutually beneficial for years to come.