Saves Times for Your Business
Easier Selection Process
Cut down the selection process time and challenges as you don’t have to go through the wide choices of quotes, products, process and more. Prior records stored through the solution help streamline the process of choosing supplier.
Faster Information Access
A central database enables faster access to all supplier and supplier related information, thereby greatly reducing the time taken to look up information.
Selecting The Right Supplier
The solution helps you to maintain an inventory of all the transactions with the supplier. Evaluating the supplier’s performance based on the previous transaction records helps to provide feedback for improvement.
Tracking Of Goods And Materials
Track your goods and materials across warehouses, external contractors and inter company-manufacturing facilities with bar-coding and RFID technology. The solution also helps you track down a particular good or material to the rack or bin.
Flexibility
Choose inventory technique to your convenience - ABC/ FSN/ SOS/ VED
Helps to Build Better Network with the Suppliers
Suppliers can keep a track of the data like quote against RFQ, bid against tender, supplier stocks and keep tabs on the payment and credits. Involving them actively gives the supplier a sense of security, and in turn helps you to build a better network with the suppliers.
Records for Proof
By documenting details of price and special agreements and more, you will have concrete data when there is a disagreement.In brief, SRM is a solution that enhances efficiency in your business by managing supplier management competently and reaps superior results.