Supplier Data Management
You need to make it easy for suppliers to manage their own information while your organization gains a single record of supplier activity and performance to:
- Improve supplier performance
- Simplify supplier onboarding, qualification and classification
- Enhance supplier ESG compliance
- Reduce supplier related risks
Key Challenges
Cost cutting pressures - Too much emphasis has been placed on getting the best price available, now you need to focus on maximizing business value with your suppliers
Ineffective collaboration - A lack of coordination and communication with suppliers results in increased risk and business disruption for your organization
Manual efforts - Relying on manual processes increases the likelihood of late shipments, expedited shipping costs, poor supplier performance and regulatory non-compliance
Capabilities
- Self-Service
- Collaboration
- Exception management
- Supplier performance
Automate and streamline critical tasks across the supplier management lifecycle
Manage information from stakeholders and suppliers, measure transactional and contractual activity and incorporate third-party data
Collaborate with suppliers to get accurate information, assess supplier risk and improve performance
Gain a single source of truth for supplier management information
Flexibly classify suppliers based on the evaluation and supplier status from another source that includes financial, supply chain and ESG compliance ratings
Accurately analyze and evaluate supplier performance and jointly determine development objectives
Ensure that supplier communication and collaboration is systematic, structured and transparent
Allow suppliers to easily self-manage their information and updates
Filter suppliers by material groups and other characteristics accessible from anywhere
Digitalization can be a complex path for supply chain end users. With QAD, you can feel a difference in transparency. We can share and analyze all of our information globally.
Fernanda Dorantes, Process Digitalization Manager, Grammer AG
AVL Improves Supplier Communication with QAD
Global technology provider simplifies, accelerates and automates the sourcing process with higher process security and efficiency.
QAD Provides Greater Supplier Collaboration for Schmitz Cargobull
The market leader in commercial vehicle construction selected QAD for its high user-friendliness and seamless integration with an existing system.
Kromberg & Schubert Centralizes Supplier Information
Automotive cable manufacturer gained notable cost savings and efficiencies by combining all supplier data, documents and certificates into one single location.
Grammer AG Boosts Supply Chain Sustainability
QAD helps Grammer slash scope 3 emissions and build a resilient global supply chain.
Further Information
Unethical Supply Chains Cost More Than Dollars and Cents
Brewer Supplier Relationships in a Changing Beer Industry
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