Get a Trusted View of All Your Data with Supplier Information Management
Companies in all industries rely on increasingly complex global supply chains to fulfill their business and IT objectives. As the pandemic has highlighted, supply chain management is essential to keeping a business running smoothly. Supply chain processes affect speed and efficiency in delivering a manufacturer’s output, as well its quality — and more than ever, consumers want timely and uninterrupted delivery of high-quality products and services.
Ineffective inventory management makes it difficult to provide a consistently high level of service — where companies deliver just the right quantity of the right product to the right place at the right time. Manual processes slow time to market. And a lack of clarity on sourcing sustainability and traceability can impact consumer trust and loyalty. In addition, customer, supplier and proprietary data is often fragmented, spread across multiple siloed systems and applications across regions and business units.
To address these challenges, organizations must have the right tools in place to share data and collaborate with partners. They also need on-demand, near-real-time access to trusted, relevant data about everything from bills of materials and supplier challenges to shipping routes and customer demand. In short, they need supplier information management.
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