Six Large Corporations Launch Portal to Cut Red Tape for Smaller Suppliers

Small and mid-sized businesses face big challenges when competing for contracts with large corporations. The paperwork required to qualify as an approved supplier can soak up huge chunks of employee time that must be replicated in different formats for each large potential customer. Recently six very large companies took notice of this problem and have stepped up to create a system that will help smaller companies compete for their business. At stake is an estimated $150 billion in supply

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