Suppliers
Suppliers are powerful part of restaurant industry when they offer a credible threat of forward integration, as the bargaining power of suppliers determines the cost of supplies and other inputs.
Suppliers
Suppliers are inevitable part of restaurant industry, as a different resource provider such as raw materials, semi-finished products, equipment, and other supplies. Smarttek provides public B2B platform CorexMarket for suppliers and businesses to raise business on next level.

One of the key benefits of CorexMarket for suppliers is the ability to connect with potential customers. Platform provide suppliers with a solution to showcase their products and services to a wider audience, increasing the chances of making a sale. Additionally, CorexMarket have search and filtering tools that allow customers to easily find the products they need, making it easier for suppliers to connect with the right customers.

Another benefit of CorexMarket platforms for suppliers is the ability to manage their operations more efficiently. These platforms provide suppliers with tools to manage inventory, process orders, track shipments and more, helping them to streamline their operations and improve their efficiency.

Key insights:
  • Upraised costs of products and services.
  • Immense competitive rate of product or service.
  • Lack of experience in marketing and companies’ promotion.
  • Inappropriate promotion and loyalty program for partner companies.
  • Different accounting and payment systems with partner companies.
  • Outdated and complicated ordering system.
  • Not-automized inventory system.
Target:
  • Optimized costs for product and services.
  • Low competitive rate within similar product or service suppliers.
  • Automatized inventory system.
  • Innovative and easy-to-use accounting system.
  • Easy and secure ordering system.
  • Availability of a loyalty and incentive program to power sales growth.
Smarttek solutions:
  • Unified partner cooperation management platform.
  • Efficient management of asset inventory with powerful automations in real-time.
  • Payment and ordering process integration in companies’ ecosystem.
  • Analytical data summary availability, for effective and efficient process management.
  • Overview of cost and expenses.
  • Appropriate network organization and design.
Benefits:
1
Simplified workflow and timesaving process management.
2
Stable partner database with constant partner availability
3
Boosted loyalty and promotion program to increase sales and ensure customer retention.
4
Multichannel inventory integrated system to support tracking across different companies’ chambers.
5
Effective cost management.
6
Direct, secure and faster payment management system.
7
Balanced costs against future growth opportunities.

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