Strategic Sourcing Solution

The OrderWare Sourcing solution provides automated and manual interaction with the enterprise’s supply and manufacturing base. The Sourcing solution manages the life-cycle of purchasing beginning at supplier registration through to the receipting of products against pre-approved purchases. OrderWare’s Strategic Sourcing Solution is the systematic approach to the sourcing of product and services.  Key functions in strategic sourcing include:

• Supplier registration and profiling
• Electronic catalogs
• Global access
• Purchase management and compliance
• Procurement process tracking from RFQ through to delivery
• Supplier and service provider collaboration
• Business partner integration
• Performance monitoring

OrderWare’s Strategic Sourcing solution is implemented to address the requirements of businesses in a number of key areas, including:

• Global sourcing – delivering the capabilities and processes for acquiring materials and services from the most effective supplier regardless of location.
• Visibility - coordination and visibility of all activities from the original specification of requirements through the RFQ and RFT processes and the supply against purchase orders and final payment for goods.   See globally – work locally.
• Supplier access   – providing appropriate levels of access and capability to suppliers from smallest suppliers with only email and spreadsheets, through to contract manufacturers with ERP systems linked via EDI.
• Electronic submission – online submission of tenders, quotes and catalog information for review, approval and aggregation.
• Seamless B2B/EDI - provide portals and other communications methods appropriate to the suppliers, their location, and volume of business, 24x7, anywhere in the world.
• Time to market – reduce the time of procurement initiatives from design to quotation which are essential for being early to market.
• Collaborative procurement – working with and coordinating external parties and agencies for design, quality management, freight management, product approval as part of the source to stock process.
• Reducing inventory  - reducing uncertainty in supply, and working closer together in servicing end markets, to reduce stock in transit and stock in store.
• Supplier evaluations – allowing online documentation of process and results of supplier evaluations for update by buyers and agents, and review by suppliers.

This solution is highly configurable so contact us to discuss your solution requirements.

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