Tag: vendorpanel

The Australian startups who will take part include, Auror, Daisee, FreightExchange, Hyper Anna, InDebted, Kapiche, Karbon, Makers Empire, Teamgage, SimpleKYC, StartVR, VendorPanel and Winimy AI.

I was responsible for managing access to a "preferred supplier panel" for one of the big banks. It was a debacle. Suppliers worked really hard to get onto the panel and got little for it. Staff just used the same suppliers as always because they didn't have time to do a better comparison. Procurement had little visibility of what was going on. When I realised these issues were common, I started Magnetized Markets. Our goal: make it easier to do business with preferred suppliers with less time and risk.