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Description
Risks associated with capital are crucially linked to the well-being of supply chains. Numerous suppliers face difficulties due to price fluctuations and extended payment periods. Addressing the necessity to optimize working capital is vital for achieving business success. By adopting a connected strategy that encompasses buyers, suppliers, and financial providers, organizations can leverage data to introduce innovative financing solutions that enhance working capital availability while benefiting all participants. This approach allows suppliers to access cash at more favorable terms, while buyers can ease the burdens in their supplier interactions. Consequently, the entire supply chain thrives within a collaborative and healthy framework. By implementing invoice discounting programs for suppliers, businesses can increase their cash returns and decrease their cost of goods. Furthermore, offering these programs at rates that are lower than what suppliers would typically pay for borrowing can help minimize capital expenses, secure a reliable supply, and lead to reduced overall costs in production. This holistic approach not only strengthens relationships but also promotes sustainable growth across the supply chain.
Description
Procure easily, on budget and on time. LightSource is used by top-performing supply chain professionals to make strategic sourcing simple. Join the modern B2B manufacturing network for buyers and suppliers. Say goodbye to endless Googling and word-of-mouth recommendations, and hello to intelligent supplier suggestions. Collaborate on strategic sourcing, send RFQs and collect quotes easily with your team. Compare bids by combining insights from your day-to-day activities with publicly available resources. The best decisions are easy to understand and communicate. Our "savings engines" help manage BOMs and target costs, and identify new savings opportunities for buyers and suppliers to create win-win situations. In just 5 minutes, you can automatically identify savings and send out RFQs. Your new sourcing powers will illuminate your supply chain.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Infor
Founded
2002
Country
United States
Website
www.infor.com/products/supply-chain-management/supply-chain-finance
Vendor Details
Company Name
LightSource
Country
United States
Website
lightsource.ai/
Product Features
Product Features
RFP
Bid Management
Collaboration
Content Management
Data Import / Export
Due Date Tracking
Knowledge Library
Progress Tracking
RFP Creation
RFP Responding
Requirements Management
Task Management
Templates
Vendor Management
Supply Chain Management
Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management