Simmeth Description
Supplier Relationship Management (SRM), is a collection of activities that enable more efficient, faster, cheaper, and better quality development, production, and provision products through better collaboration with suppliers and sub-providers. This definition shows that SRM can improve not only the enterprise's strategic purchasing process but also its market position. Good SRM results in faster access to markets, better products, more innovative processes, lower costs, targeted selection of suppliers and materials, and, last but not least, sinking failure cost. There are many arguments against SRM, including the need to reduce supplier evaluation to the minimum required by audits. The core of these arguments are operative reasons like lack of time, budgets, IT infrastructure, and personnel.
Simmeth Alternatives
Radley iSC
Radley's iSC supplier administration solution allows you to automate routine supplier transactions. You can easily manage PO's shipping notices, invoices, and shipping notices. Manage demand, reduce supplier risk, and gain visibility into supplier transactions. Radley iSC makes this simple and efficient. Lower costs and full inventory visibility, even in-transit. Switch to an alternative supplier quickly if necessary to avoid disruptions. Automate invoicing, buyer remittance and billing. Produce detailed supplier performance reports. Meet OEM and industry requirements. Track shipments, view exceptions and more. Manage releases, shipment instructions and POs. Eliminate manual data entry, phone calls, emails & faxes. Suppliers are critical to your business's ability to produce efficiently and ship orders on time. Learn how iSC vendor management software helps you keep your competitive edge. Transform your outdated supply chain into an efficient, fast one.
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Taulia
Free up cash in your trading relationships to do more of what you love. There is value in your supply chain. If you can find it, you can use your cash to grow your business, invest into R&D, create new products, and solve big problems. Talk to us today to learn how we can help you create an invoicing program and working capital program that will free up cash and address your entire supply chain. You can release liquidity to all your suppliers and generate millions in cost savings. Third-party funding allows you to unlock working capital and speed up payments to suppliers to keep your cash in reserve. Taulia's automated invoicing solution allows you to manage all your invoices quickly, efficiently, and from any supplier.
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SafetyChain
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Anvyl
Supply chain. Simplified.
Anvyl builds the bridge between global supply chain teams, systems, and suppliers to deliver a single source of truth. With improved collaboration and alignment, consumer brands have the insights and visibility they need from issuance of a PO through delivery to your warehouse.
Improve teamwork and boost productivity. Anvyl provides connection, clarity, and context across your supply chain with up-to-date information in one central location.
Drive your business with enhanced connectivity, tracking, and transparency.
Gain real-time access to critical information globally. Improve visibility and allow for quicker, more informed decision making.
Automate tasks, anticipate delays, and mitigate disruptions. Harness the power of your own data to surface key insights and trends to make smarter decisions and know when to take action.
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Company Details
Company:
Simmeth
Year Founded:
2002
Headquarters:
Germany
Website:
www.simmeth.net/en/strategic-purchasing/supplier-relationship-management/
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Product Details
Platforms
SaaS
Type of Training
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