Many businesses tend to look at supply chain management as the most tedious task of all. Dealing with a third party can be more difficult than handling internal business operations. That is the main reason why companies tend to have an adverse opinion about supply chain management as well. But nowadays, the task is made simpler with Supplier Management Software. Supplier Management Software has been released to provide a collaborative platform for both parties involved. Supply chain management is only that difficult if both parties are not equally involved and aware. That barrier is overcome with Supplier Management Software.
The ultimate solution for supply chain management is our software solution, and we have included many key features in our software that make it stand above the rest. The software is designed to act as a centralized storage location where all details related to the supply chain can be accessed easily and quickly when required. The contact information of suppliers, details of purchase orders, deliveries and even non-conformances and corrective actions are recorded in the system very clearly and in an organized manner. It does not just play the role of a storage location.
During instances when several suppliers are available for a similar product, their services including prices and performance can be compared alongside each other before deciding on placing the order on the supplier who will provide the most reliable and cost-effective services. Also, now you may be wondering how the software measures the performance of your suppliers. Our software solution is equipped with Key Performance Indicators or KPIs that help you measure the performance of a supplier quantitatively. It can easily be found if a particular supplier’s services are above or below the required standard and as the score is visible to the supplier, those with a less than standard score will work towards improving their performance and benefiting the business ultimately.