Easy global trading partner collaboration
Getting control over your supplier network needs to start with getting in control of all your supplier relations.
Business benefits:
- Drastically decreased procurement cost
- Considerable inbound inventory cost reduction
- Improved order fill rates
- Optimized spend and supplier relationship
Globalisation and outsourcing initiatives increase the number of organizations your business needs to interact with in order to compete effectively. This requires procurement executives to adopt new sourcing and supply management strategies to drive continuous improvements in supply costs and performance.
Getting control over your supplier network needs to start with getting in control of all your supplier relations. All the enterprises buying activities need to be monitored and followed up to enhance control and this subsequently reduces your material cost.
Syncron Global Supply Management (GSM) captures call offs, applies buying policies and handles the fulfilment process between collaborating trading partners. We also support the Vendor Managed Inventory model and in such collaboration scenarios also provide suppliers with required information, i.e. forecasts, stock, net requirement, for efficient planning at the supplier side. Our solution enables you to centrally manage your supplier agreements while the actual buying can be managed locally at each site based on distributed supplier agreements.
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