You are only as good as your suppliers. So, how do you make them faster and more reliable...maybe even establish a vendor managed inventory (VMI) program? Perhaps you should start by taking a look at yourself. Do you know your on-hand inventories and capacities for every step in the manufacturing process? Can you rapidly communicate real requirements and measure supplier performance? Improved supplier management means shorter lead times, lower inventories, shortage avoidance, and increased asset utilization. Adexa Supplier Management streamlines procurement at every stage, compressing purchasing cycles and giving you full visibility into the order execution process in an outsourced manufacturing environment. Is it true? Yes. Only Adexa provides a unified environment where demand signals automatically propagate through multiple supply-chain tiers based on sourcing rules and bill of materials. That helps you reduce raw material and component inventories (and risk of obsolescence), lower purchasing prices, shorten purchasing lead times, and streamline communications. - Control procurement in an outsourced manufacturing environment
- Shorten purchasing lead times
- Simplify purchase order tracking
- Optimize sourcing of components and raw materials
- Reduce raw material inventory levels
- Communicate to suppliers in a timely manner
- Create real-time visibility into supplier availability and capacity
- Integrate with existing EDI and messaging backends
Efficient and profitable manufacturing means your downstream supply chain can deliver on short notice at competitive prices. This enables you to lower raw-material inventories, and raise customer service across all of your facilities. Ultimately, you need fast, accurate visibility into your vendors' capacities. You need to put in place a system to support collaborative planning, forecasting and replenishment (CPFR) and to provide suppliers with your component forecast as soon as you get it. How can you do that? Adexa Collaborative Supply Planning offers a comprehensive answer with a real-time solution that creates and maintains an up-to-date view of constrained and unconstrained supply plans. It provides an aggregated supply plan across various business units to support improved contract-price negotiations. Organizations gain immediate visibility to vendors; enabling them to see and understand raw material and component supply requirements based on current, and perhaps unexpected, fluctuations in demand, promotions and product lifecycles. - Shorten purchasing lead times
- Aggregate enterprise-wide purchases for improved price-negotiation leverage, competitive price points, and consolidated contracts
- Optimize sourcing of components and raw materials
- Reduce raw material inventories
- Communicate production issues to suppliers in a timely manner
- Reduce the time and expense of communicating with and managing suppliers
- Consolidate suppliers
- Understand all facets of how much business goes to each vendor
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