5 Reasons You Can't Afford To Ignore Supplier Diversity
Implementing a supplier diversity program is a new frontier — evolving from a possibility to a must-have in many U.S. companies. More stakeholders and policy makers are increasingly seeking out minority-owned, disadvantaged and small businesses.
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Does The Thomas Network Really Work?
If you are thinking about listing your business on Thomasnet.com, you may have thought "Does Thomasnet.com really work?"
Of course, we understand that you may still have questions about the results that Thomasnet.com delivers to manufacturers and industrial companies like yours. That's understandable.
The Thomas Network connects active B2B buyers and engineers with 500K+ North American suppliers. If you tried to replicate all of the supplier evaluation activity on the platform that happens in a single month, it would take you 7.5 years — without sleeping. In fact, every 2 seconds, a supplier is evaluated by a buyer on the platform.
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How To Find Veteran-Owned Suppliers on Thomasnet.com
Whether you're in need of new blood in your supply chain or trying to build up your list of diversity suppliers, Thomas can help save you time and hassle in sourcing exactly what you need. Thomasnet.com offers detailed information on North American companies in over 70,000 categories of products and services, not to mention our CAD file library, whitepapers, and guides. In this article we're here to show you how to make the most of Thomasnet.com's features by covering the basics of finding and sourcing from the 6,300+ veteran-owned companies on our platform.
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12 Sourcing Tips To Identify Quality Suppliers
When most buyers plan on identifying a new supplier, they are usually tempted to focus on the best price. However, concentrating only on low costs can hurt you in the long term. That's because shaving a few cents off the price of a product is no help if the quality is below standard and the component or material does not arrive when you need it.
So instead of solely focusing on cost, focus on quality by incorporating these 12 tips into your sourcing strategy:
10 Stats You Didn't Know About Thomas
Industrial buyers are typically 70% of the way through their purchase decision process before they reach out to a supplier.
If you are a manufacturer trying to grow your business, this is an eye-opening, game-changing stat. It means that the buyers you want to do business with — the ones you need to connect with in order to grow your company — are researching, designing, evaluating, shortlisting, and, ultimately, making their purchase decisions online, all with very limited interaction with your sales people.
How, then, can you forge the connections you need while staying top of mind throughout the long and complex buying process?
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Product Sourcing Trends For Q1 2019, As Told By Game Of Thrones
Winter is here (seriously, spring, where are you?), and the first quarter of 2019 is officially over.
As an industrial company, you are always looking for ways to connect with B2B buyers. But what are those buyers looking for? With less than one week before the final season of Game Of Thrones premieres, we took a look at sourcing activity of some of the most useful elements of Westeros and beyond the wall on the Thomas Network at the end of Q1 to help you answer that question (and possibly win the Game of Thrones).
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How Thomas WebTrax Differs From Google Analytics, The Thomas Network & More
More than 11,000 manufacturers are using Thomas WebTrax to turn anonymous website traffic into real, actionable leads for their businesses.
However, we understand that you may still have questions about WebTrax, how it fits in with other Thomas solutions, and how it stacks up to other tools available in the marketplace. Hopefully, this post clears things up and helps you decide which solution works best for your industrial business.
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B2B Buying Trends For November 2018
Manufacturers are always searching for ways to connect with more B2B buyers. One of the best ways to do just that is to find out what those B2B buyers are searching for themselves — and we can help.
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Supply Chain Trends For October 2018
As an industrial supplier, you are always looking for ways to connect with B2B buyers. But what are those buyers looking for?
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