Corporate Gifting Made Smarter with Dausto

  Gone are the days when corporate gifting was just a procurement activity. With organisations increasing spend on employee engagement, client relationships, recruitment and brand building, the expectations from the gifting suppliers have multiplied manifold.  No more are the days of companies choosing vendors solely on the basis of the lowest quote. Instead, they use structured vendor scorecards to rate suppliers, translating quality, reliability, service, compliance and overall business value into quantifiable metrics. Procurement teams can track supplier performance objectively over time with vendor scorecards. Companies make the decision based on measurable factors whether a vendor can support long-term corporate gifting programmes, not their individual experiences or a successful project. For suppliers, understanding how the scorecards operate can be the difference between securing repeat business and losing valuable accounts. What Is a Vendor Scorecard A vendor scorecar...