Always the latest supplier information in your supplier file
Changes to contacts can be made continuously by your supplier itself in the Supplier Portal. This also applies to address and bank details. Also, you can ask the vendor to periodically check such data for timeliness. After the supplier makes a change, you will receive a notification of it. After internal review, the information in Vendor Management is updated.
By sending your supplier a reminder every now and then to review supplier information, such as contact information, and update it as needed, you ensure that your supplier database is current. It is advised to perform periodic updates.
