GEP SMART™ provides enterprises with full transparency into source-to-pay (S2P) activities and empowers supplier collaboration. Users can share critical information with vendors, reducing stock levels, maximizing fill rates and boosting productivity.
GEP SMART's supplier collaboration software serves as a centralized platform for collecting, storing, sharing and tracking supplier information. The vendor collaboration dashboards enable suppliers to manage profiles, catalogs and pricing, reducing the procurement team's workload and administrative burden while allowing sharper focus on core supply chain operations.
Accurate, Valid Vendor Information — All In One Place
Manual supplier relationship management (SRM) methods often face challenges like data entry errors, delays, data inconsistencies, lack of supplier visibility, compliance risks and improper workflows.
GEP SMART's supplier management system consolidates enterprise-wide supplier data into a common format, making it easily accessible and actionable. In addition, standardized forms, accurate supplier profiles, compliant document processes and pre-set questionnaires improve data quality. This helps identify and mitigate risks while accelerating time-to-market for better products.
Transform Supplier Relationship Management With GEP SMART
- Standardization: Uniform supplier processes, data, schedules and prospects
- Onboarding: Simple online registration process with on-demand tools
- Intelligence: Identify supply-demand mismatches to address likely supply or quality assurance issues quickly
- Unified Data: Keep and leverage reliable centralized supplier data across product development and supply chain
- Procurement Efficiency: Ensure that procurement and supplier requirements are aligned
- Compliance: Detect and address potential supply challenges and risks before they disrupt production
- New Product Introduction: Eliminate defects and get quality products to the market quickly, at lower prices
- Integration: Multiple integration options across most existing ERP and supply chain systems
Comprehensive Functionality for Direct Materials Procurement
FAQ
Supplier collaboration software is a solution that helps enterprises achieve real-time collaboration among partners within the supply chain. It involves cloud-based platforms that enable enterprises to digitalize supply chain interactions and enable data sharing with external partners. These centralized platforms can optimize processes such as vendor onboarding, order and inventory management as well as new product development.
Supplier collaboration software benefits include end-to-end supply chain visibility for tighter coordination, accelerated operations through digital workflows, cost reduction with the help of automated processes, enhanced compliance through controls, and better supplier transparency for improved alignment. The tools not only enhance productivity but also boost responsiveness across the value chain.
Successful implementation of supplier network collaboration requires strategic planning, change management and integrating collaboration tools within the existing network of an enterprise. An enterprise also needs to map its collaboration needs, evaluate its supplier readiness, establish governance policies, train its supply partners on its platform, provide role-based portal access, and deliver analytics-based insights for continuous improvement. All the aforementioned actions ultimately fulfill one goal — transforming the supply chain into a dynamic, collaborative network.
