This product will give you a strategic approach to managing risk associated with supply, and in-turn ensure supply continuity. Implementation of Total Inventory Management will enable your staff to respond to changing needs in an efficient and effective manner.
This product will provide you with collaboration between purchasing, supply operations, and personnel. By streamlining your acquisition processes, you will lower material costs and be enabled to support and respond to changes, as they occur. Today acquisition and sourcing is driven by cost, supplier differentiation, and category pressures; with that in mind Total Supply Management will give you many benefits. You will be given visibility over your spending with anlysis of key performance indicators. Additionally, you will be given insight into category-to-part number, time, material, direct and outsourced vendor spend as well as related supply KPIs, such as delivery/quality. For flexibility purposes you can chose between multiple replenishment strategies such as vendor-managed inventory, Kanban, and other just-in-time programs. Additional performance measures will give you the ability to constantly monitor your supply chain health. Finally, the presence of problem-resolution workflows will help your entire acquisition staff to resolve supply issues and ensure maximum revenue potential.
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