phone

SUPPLIER MANAGEMENT (SIM)

“In very real sense, there are only two roles in organizations: customers and suppliers. Everybody functions simultaneously in both roles, whether inside or outside the organization the essence of good business, therefore, if the quality of the relationship between customer and supplier.” – Stephen R. Covey

It is no secret that suppliers are often a core differentiator in competition.

The ability to find new suppliers for specific needs, properly onboard them, and develop these partnerships is an ongoing effort. Unfortunately, the traditional views of supplier management, and the support systems, do not always serve the greater need.

Often ERP systems are set up to only handle a portion of necessary supplier information, such as a “remit to” address. In most cases, supplier data is fragmented across the organization, due to multiple ERP systems, multiple point solutions (e.g., Invoicing, Scorecarding), and even contained in emails, Word documents, and Excel spreadsheets.

There are some good Supplier Management solutions in the market. They are capable of collecting information and documentation for accounts payable; They integrate third-party information; and, They provide their best ability for a “single source of truth”, or 360° view. Our customers, however, need more, as they need to understand supplier relationships as they relate to specific parts (and/or materials) being supplied for production.

  • Can you assess risk on a supplier by part, by material group, by finished product?
  • Is your supplier master simply a list of accounts receivable contacts, or a 360° view of the supplier per project?
  • Does your sourcing and quality teams have ready access to all relevant information on the suppliers?

Allocation Netowrk logo

ASTRAS offers full Supplier Information Management to help you efficiently onboard suppliers (whether new, or a new engagement), maintain accurate and timely supplier data, improve compliance, and ensure auditability of the entire supplier relationship.

WHAT YOU GET

WHY IT MATTERS

Dynamic Data Structure

So that you can decide what information you want to collect, and how you want to collect it, without needing IT involvement.

Classification Flexibility

So that you can manage information and processes by region, part/material, status, and more.

Integrated Strategies

So that you can set strategies, based on commodity, organization and region, that dictate the management of your suppliers under scope.

Document Management

So that you can ensure all necessary documentation (NDAs, Contracts, Development Data, and more) are easy to access and up-to-date.

So that you can have a systematic method for engaging with suppliers.

Supplier Cockpit

So that your stakeholders can easily access all necessary information in one place, whether master data, risk assessments, corrective action plans, scorecards, or other.

So that you can both incorporate any internal data (e.g., ERP performance data, spend data, etc.) or third-party information (e.g., judgements/liens, negative news, etc.), as well as syndicate necessary data to internal systems (e.g., post award setup).

"Within Direct Procurement, we're able to manage our entire process, not just unlinked subprocesses"

Image of Allocation Astras supply chain software portal
Image depicting the Allocation supplier management

Supplier Mgmt

Image depicting Part Item Management

Part/Item Mgmt

Allocation supply chain management strategy software

Strategies

Allocation supply chain management collaboration software

COLLABORATION

Image depicting the Allocation integration management software

Integration

Allocation parts and material lifecycle supply chain management software system

Benefit From:

  • Lowering process costs by up to 80%
  • More effective sourcing events
  • Shortened cycle time to part qualification
  • Strong compliance
  • Increased supplier collaboration
  • Reduced supplier and part risk
  • Complete visibility, across functions
  • Assurance that your processes and best practices are followed every time
Allocation Clients Include The BMW Group
Allocation Clients Include Siemens
Allocation Clients Include Magna
Allocation Clients Include Schmitz Cargobull