{"id":605,"date":"2022-04-18T14:46:58","date_gmt":"2022-04-18T14:46:58","guid":{"rendered":"http:\/\/44.209.203.57\/index.php\/2022\/04\/18\/how-robust-is-your-supplier-management-system\/"},"modified":"2023-01-12T06:57:48","modified_gmt":"2023-01-12T06:57:48","slug":"how-robust-is-your-supplier-management-system","status":"publish","type":"post","link":"http:\/\/44.209.203.57\/index.php\/2022\/04\/18\/how-robust-is-your-supplier-management-system\/","title":{"rendered":"How Robust is Your Supplier Management System?"},"content":{"rendered":"<p>Are your suppliers\u2019 certifications compliant? Are you buyers being productive? Do you have visibility to your teams sourcing activity? How do you manage all your supplier relationships?<\/p>\n<p>If you are a manufacturer, these are all probably common questions that you ask. In most cases, all this relevant data is scattered across different systems &amp; platforms because managing suppliers has traditionally been done through hundreds of emails, phone calls, PDF\u2019s, and spreadsheets between your organization and the supplier. As time goes by and your company grows, this information becomes significantly more difficult to find, access and use for buyers &amp; sourcing teams.<\/p>\n<p>Sourcing at the core is finding a good supplier, which might sound easy. But, for most companies like yours, you probably have a standard\/requirement for your expectations on cost, quality, and delivery from your suppliers. This is where sourcing can become extremely difficult \u2013 weighing all those factors into a decision to select the best source\/supplier. On top of that, COVID has added a twist to sourcing \u2013 inability to travel, the importance of diversification of supply base &amp; emphasis on near sourcing.<\/p>\n<p>What if there was an easier way to manage suppliers and optimize the way your sourcing and procurement teams work?<\/p>\n<p>eSourcing, also known as \u201celectronic sourcing\u201d, allows all those same traditional sourcing tasks to be conducted however on a centralized, web-based platform instead of manual conversations &amp; exchanges. This allows organizations like yours to have a full visibility to quoting history and more importantly, allows sourcing teams to act faster, with more information and make better decisions. The implementation of digital sourcing tools can help in many ways like:<\/p>\n<ul>\n<li>COLLABORATION \u2013 centralizes the location for different country or functional teams to discuss and collaborate on quoting activity as well as part information that is accessible across all departments\/teams within your organization<\/li>\n<li>TRANSPARENCY \u2013 allows all parts of your organization to have access to a single source of truth for sourcing and supplier information<br \/>\nSTANDARDIZATION \u2013 creates more structure around sourcing workflows to ensure consistency across the organization<\/li>\n<li>SCALE \u2013 allows sourcing departments to more efficiently manage large volumes of data to yield better insights and drive better sourcing decisions<\/li>\n<\/ul>\n<p>Over the last 2 years, if there is anything we learned \u2013 it\u2019s that we must be ready for the unexpected and this just emphasizes the importance of having digital sourcing strategies that can be agile and efficient, which is one of the biggest benefits of eSourcing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are your suppliers\u2019 certifications compliant? Are you buyers being productive? Do you have visibility to your teams sourcing activity? How do you manage all your supplier relationships? If you are a manufacturer, these are all probably common questions that you ask. In most cases, all this relevant data is scattered across different systems &amp; platforms &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/44.209.203.57\/index.php\/2022\/04\/18\/how-robust-is-your-supplier-management-system\/\"> <span class=\"screen-reader-text\">How Robust is Your Supplier Management System?<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":1,"featured_media":3507,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[12],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Supplier Management System<\/title>\n<meta name=\"description\" content=\"Are your suppliers\u2019 certifications compliant? Are you buyers being productive? Do you have visibility to your teams sourcing activity? How do you manage all your supplier relationships?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/44.209.203.57\/index.php\/2022\/04\/18\/how-robust-is-your-supplier-management-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supplier Management System\" \/>\n<meta property=\"og:description\" content=\"Are your suppliers\u2019 certifications compliant? Are you buyers being productive? Do you have visibility to your teams sourcing activity? 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Are you buyers being productive? Do you have visibility to your teams sourcing activity? How do you manage all your supplier relationships? If you are a manufacturer, these are all probably common questions that you ask. In most cases, all this relevant data is scattered across different systems &amp; platforms&hellip;","_links":{"self":[{"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/posts\/605"}],"collection":[{"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/comments?post=605"}],"version-history":[{"count":2,"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/posts\/605\/revisions"}],"predecessor-version":[{"id":3508,"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/posts\/605\/revisions\/3508"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/media\/3507"}],"wp:attachment":[{"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/media?parent=605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/categories?post=605"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/44.209.203.57\/index.php\/wp-json\/wp\/v2\/tags?post=605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}