Supplier Management
Your organization needs to improve supplier collaboration, ensure optimal sourcing and facilitate real-time communication with suppliers.
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Reduce cost of goods sold and lower procurement costs
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Improve supplier selection to minimize supply risks
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Ensure environmental, social and governance compliance (ESG)
Boost Mutually Beneficial Relationship with Suppliers
Your organization is aware of the benefits of tightening relationships with suppliers to better manage the procurement of goods and lower supply costs. Collaborative processes transform a typical transaction based association with suppliers into two-way-access and a mutually beneficial relationship.
In order to do so, manufacturers and suppliers must have visibility into their own supply chain operations and seamlessly share critical information with their partners. With QAD, you can move away from the old model of manual communication methods that impede information flows to a digital, cloud-based solution where trading partners gain access to real-time data. By gaining and sharing insights into sourcing, procurement and supply chain information with suppliers, companies can lower procurement costs, mitigate supply risks and improve supply chain performance.
Capabilities
Supplier Management provides manufacturers and their suppliers a single point of entry to facilitate real-time communication, improve procurement processes and reduce inbound supply risks. It delivers value across direct and strategic indirect procurement activities by improving strategic sourcing, supplier quality management, contract management and supplier performance. The solution:
Automates and streamlines
Critical activities across the supplier lifecycle
Utilizes download services for supplier documents
Including contracts, non-disclosure agreements, and General Terms and Conditions
Automates the collection and organization of supplier documents
(development data, contracts, and other documents)
Provides procurement organizations with accurate and up-to-date supplier information
Defines supplier activities, tasks and approvals with a workflow engine
For optimal source-to-pay processes
Facilitates collaboration and information exchange
With suppliers and partners, using configurable workflows, forms and questionnaires
Centralizes supplier data storage
So users can quickly search and filter by material groups and other master data fields
Interfaces with trusted ESG and supply chain sources
To help meet sustainability goals and mitigate risk
Securely and electronically sign
NDAs, contracts, and more through providers such as DocuSign
Includes predefined templates to ensure supplier information is reliably collected and shared
Allows manufacturers and their suppliers to leverage a portal, to access:
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Supplier Data Management manages all supplier information to reduce discovery, onboarding, and qualification cycle time
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Sourcing manages the electronic RFQ process with suppliers, from recording requirements to the RFI, RFQ, contracts, and finally the order
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Auctions delivers superior sourcing results by tailoring the auction design to the negotiation situation and awarding strategy
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QAD Demand and Delivery ensures visibility and collaboration on inventory, schedules, orders, shipments, invoices and replenishment requirements