Know your suppliers and products. Beginning to End.
In the life cycle of a manufacturing process, if you start with flawed materials,
the end result will fall far short of what your customers demand. Chances are, your
profits will fall as well.
Identifying problems at the end of the line is simply not enough. You must eliminate
raw-material variances before they ever enter your process. By doing so, you gain
control of your supply chain, eliminate waste, optimize lean operations and perfect
not only your products, but your profit margin as well. So how can SRM help? From
the very onset of your production, SRM enhances the value of supplier relationships
by grading the stability of the raw materials you receive, which allows you to detect
variances from ideal standards before releasing to production.
How do you maintain raw-material standards through select supplier relationships?
We call it SRM. You’ll call it a Supply-Chain Genius.
SRM lets you determine the stability of your raw materials, no matter how many vendors
you use. With its robust and sophisticated execution, you now have the ability to
grade suppliers with exact data while limiting the need for costly audits and administrative
processing. SRM facilitates quick detection of any deviation in raw material quality
and as a result, enables swift decisions to be taken early on preventing costly
corrective actions later.
With SRM, you can confidently track raw material issues to create streamlined material
flow throughout your process. In addition, SRM enables you to develop long-term
relationships with a few select suppliers. This helps stabilize the integrity of
your materials while building trust and accountability with your vendors.
How do you intelligently grade your suppliers’ raw materials?
That’s the software solution of SRM.