Avetta, a provider of supply chain risk management that connects organisations with qualified and vetted suppliers, contractors and vendors, has launched Marketplace. This is an online resource for suppliers to obtain exclusive discounts on safety products, insurance and safety-related services essential to their business operations. The company says that Marketplace enhances the value of membership in the worldwide Avetta network and reduces costs, saves time, improves performance, and grows the businesses of over 90,000 contractors and suppliers that participate.
As an Avetta member, contractors and suppliers connect online to offerings and exclusive discounts from companies such as BLR, DISA Global Solutions, FleetSharp by Agilis Systems, HUB International, SafetyCulture, Safety Resourcing, UL, Universal Specialty Group, USA Telecom Insurance Services and others. Some of the services include industry certifications, safety training, workplace auditing, drug testing, insurance, cyber security, travel, car rental, and IT products and services.
Because suppliers offered feedback on what to offer, Marketplace is already improving compliance rates and reducing costs.
“We fell out of compliance with our largest customer because we couldn’t carry adequate auto and workers compensation insurance,” according to Sara Stoffel at Sleeth Tower. “Costs were too high. Our Avetta customer service agent assisted in helping us find appropriate levels of insurance at an affordable rate through USA Telecom, an Avetta Marketplace partner, which enabled us to get back into compliance. Avetta helped save our largest contract.”
Marketplace is part of Avetta’s platform of services that are designed to help companies worldwide improve their procurement processes through contractor management and prequalification with a SaaS-based system. The system enables Avetta’s global clients, contractors and suppliers to connect anytime, anywhere in more than 100 countries.
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- Financial Supply Chain Platforms