Extensive Inventory: Supplier Management
Visibility and Control Over Your Suppliers and Inventory
Your supply chain does not stop at your delivery docks and neither should your ERP system. To synchronize supply with demand, you must pass forecast and order information on to your suppliers, strengthen and automate business processes, and coordinate the complex flow of materials from suppliers to your facilities.
Glovia Supplier Management business benefits include:
- Reduced inventory levels and costs
- Lowered procurement costs through aggregated purchases and negotiated contracts
- Automated procurement processes
- Improved responsiveness by compressing lead times
Glovia Supplier Management helps you to manage your suppliers, control inventory levels, and improve supplier relationships. The solution supports the entire procurement process including developing and executing supplier contracts, managing purchase orders, coordinating supplier shipments, and executing outsourcing strategies. Glovia Supplier Management provides you with visibility and control over the financial impact of your purchasing decisions and supports a wide range of procurement strategies including centralized/decentralized and global supplier networks.
Glovia Supplier Management helps control inventory levels and match supply with demand, by negotiating contracts with committed pricing and flexible delivery schedules. The solution balances purchases across multiple suppliers and tracks order status and supplier progress against contracts.
The solution also allows you to analyze supplier performance for cost, quality, and on-time delivery so you can continually improve your performance. In addition, Glovia supports your outsourced manufacturing initiatives, which enables you to control supplier inventory, including consigned inventory, as if they were located in your own facilities.
The Newest Addition to Glovia Supplier Management: The Supplier Portal.
Many supply chains do not perform as expected because manufacturers and their suppliers are disconnected. Changes in demand are slow to filter down from manufacturers and changes in supply are slow to percolate up from suppliers.
The result is a supply chain disaster: manufacturers are forced to expedite supply orders and carry excess inventory to meet promised delivery dates; suppliers constantly struggle to adjust their production to hit manufacturer's changing demand.
Glovia Supplier Portal is a real-time, browser-based solution that enables manufacturers to meet customer demand more effectively and reduce costs by improving the level of collaboration, information visibility, and communication with suppliers. The portal provides manufacturers and suppliers with a unified, up-to-the-second view of critical order and material management activities to ensure their entire extended supply chain is working off of the very best possible information.