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Network management Toolkit

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Enhance the Value of Your Supplier Relationships

PublisherIBM
Format2.9MB PDF, requires Acrobat Rdr 5Date added01 Apr 2004
Topics Supply Chain Management, Procurement and Sourcing, ERP
Downloads12

Companies often lack deep expertise in strategic sourcing or the ability to consolidate supplier relationships for competitive advantage. They also struggle to capture accurate, timely data that could give them insight into enterprisewide spend patterns, including maverick spend, contract compliance and price opportunities. Sourcing organizations frequently lack collaboration tools that automate communications-intensive processes, such as process generating supplier performance reports, requests for quotations and requests for proposals (RFQ/RFP), and competitive bids. Additionally, sourcing is often decentralized and fragmented across the enterprise, resulting in limited volume control, a proliferation of suppliers, maverick buying and limited inventory planning capabilities.

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