Benchmarking suppliers in Elbuz price lists - choose the best purchasing conditions for your online store

Vendor benchmarking in Elbuz price lists: make data-driven decisions 🚀

Introducing the revolutionary supplier benchmarking feature in Elbuz price lists! Now you can compare prices and conditions from different suppliers in a few clicks to choose the best options for your online store. Forget about routine manual price analysis - Elbuz will do all the work for you! 💡

Problems and misconceptions of online store owners 😕

Many online store owners face a number of problems when working with suppliers:

• 🔍 It’s difficult to find time to analyze many price lists manually
• 💰 It’s difficult to understand what prices and conditions competitors offer
• ⏳ The process of selecting the best offers drags on for weeks
• 🤔 There is no confidence that the best options have been chosen
• 📈 It is difficult to track price dynamics and change the supplier in time

Some people mistakenly believe that:

• “It is enough to work with proven suppliers, there is no need to look for new ones”
• "Analyzing price lists is too labor-intensive, it's not worth the trouble"
• "All suppliers offer approximately the same prices, there is no point in comparing"

But in fact, regular benchmarking allows you to save up to 20% on purchases!

Opportunities and advantages of benchmarking in Elbuz 🎯

The supplier benchmarking function in Elbuz price lists is a powerful tool for optimizing online store purchases. Here's what you get:

• 📊 Automatic analysis of prices, conditions and supplier ratings in a single interface
• ⚡ Instant search for the best deals on any product or category
• 💲 Ability to compare your purchase prices with the market and competitors
• 🛒 Convenient mass selection of the most profitable items to order
• 🔔 Notifications about price reductions and profitable promotions from suppliers
• 📉 Tracking price dynamics for timely change of suppliers
• ⏰ Saving time by automating routine operations

"Benchmarking in Elbuz allowed us to reduce purchase prices by 15% and find new reliable suppliers. Now we are always aware of the best offers on the market!" - Ivan Petrov, owner of the Gadgetoria store.

Results of using benchmarking in Elbuz 📈

By implementing supplier benchmarking using Elbuz, you can:

1. ⬇️ Reduce purchase prices by 10-20%
2. 🔎 Find new profitable suppliers
3. 🚚 Get better conditions for delivery and deferred payment
4. 📦 Optimize assortment and inventory
5. ⏱️ Reduce time for analyzing price lists and selecting suppliers
6. 💰 Increase profit and competitiveness of the store

Benchmarking will be useful:

• 🏪 All owners and managers of online stores
• 🛍️ For category managers and buyers
• 📞 For specialists working with suppliers

Start making decisions based on data - connect supplier benchmarking in Elbuz today!

"Information is the oil of the 21st century, and analytics is its fuel" - Peter Sondergaard, senior vice president at Gartner.

Do you want to automate your work with price lists? Read more about automatic processing of price lists in Elbuz.