the benefits of New Supply Chain Management
Software begin to appear, Suppliers are
playing a new and key role in the success
of the enterprise. SRM provides the tools
used to closely monitor the performance, quality of product, timeliness of deliveries
against schedule and overall viability
of the supplier. As most manufacturing
companies attempt to reduce the number
of strategic suppliers used, the ability
to manage and accurately assess the contribution
a supplier makes is essential.
FlexGen 4 SRM also allows for establishing
vendor rankings based on quantifiable
performance measurements such as on-time
deliveries, parts which fail Quality Assurance,
deliveries which don't meet documentation
requirements and other user defined parameters.
On line schedules for each supplier can
be set to conduct formal supplier reviews
and audits. Based on the periodic supplier
review, Quality Assurance can tailor the
inspection and documentation levels required
of each supplier.
FlexGen 4 SRM is an important tool used
in optimizing the benefit and relationship
your company will develop with each of
your valued suppliers.
provided by FlexGen 4's Supplier Relationship
- Evaluation of all suppliers, based
on criteria established by Materials
Control and Quality Assurance with retention
of only the top performers.
- The highest level of supplier performance
in delivery, pricing and
quality of parts and services.
- Enhanced cash flow by implementing
creative and cost effective supply options
provided by strategic vendors including
- The opportunity to establish more
effective collaboration and business
communications including e-procurement
and web based technology.