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evolution SRM
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Supplier Relationship Management (SRM)
Buyers have been exchanging information with their suppliers for centuries, but even with todays phone, fax and e-mail technology it is still difficult for businesses to react efficiently to poor forecasts, supply chain interruptions and rapid demand changes. Todays Supplier Relationship Management (SRM) solutions, therefore, need to go beyond supplier communication. They must reach inside each connected organisation to optimise the relationship between enterprises and their suppliers.
evolutions SRM solution, through real-time collaboration, enables you to:
Reduce material costs by directing your spend to key suppliers
Improve inventory turns while maintaining or increasing customer satisfaction
Respond to customer demand more efficiently
Extend and share the planning process
Speed supplier communications
Manage quality/delivery performance
Reduce orders costs
By providing real-time information, evolutions SRM allows you to compete more effectively.
Through the use of exception management alerts, your buyers can respond rapidly to supply chain interruptions in conjunction with their suppliers.
Supplier Portal
Share information with your suppliers through the evolution supplier portal to maximise performance and respond to customer demand.
Supplier details displayed for verification and amendment
Drill down to documents and vital information on stocking levels
Status updates of outstanding purchase orders and history of deliveries
Requirements forecast gives visibility of your planning process and a view of future demand to prompt supplier action to correct shortfalls
Fully integrated with evolutions e-procurement solution
Supply Management
evolutions SRM includes the unified buyers and managers portals to provide complete management of the procurement process from tendering to receipt and quality assurance.
Material planning results are displayed detailing forecast, demand, orders and suggested requirements for immediate conversion to orders for e-mail, faxing, EDI or printing.
Sourcing Management supports the tendering process and helps you eliminate unprofitable relations by soliciting suppliers through automated RFQs and subsequently managing the relationship online.
The Buyers desktop allows management of supplier interactions and provides valuable analytics covering quality issues and performance. The Managers desktop delivers a top down view to facilitate the monitoring of buyers, suppliers and the tendering process.
The Supply Management portal also includes a performance monitoring capability. Against criteria that you define, the system will benchmark your suppliers from a quality of product and service perspective.
Supply Insight
Manufacturers are always looking for ways to simplify and optimise their supply chains. Vendor managed inventory (VMI), also called collocation, has been common for some time in the retail industry and is becoming increasingly common within other vertical industries, such as the automotive and electronic components industries. VMI becomes a win-win proposition assuming the supplier can maintain accurate view of the inventory at the customers site. Until now it has been difficult for suppliers to economically monitor inventory levels at customers sites. evolution Supply Insight (SI) is the solution. SI gives authorised suppliers a direct, real-time view into customers inventory and order data for their items. |
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