Supplier Management
ediTRACK's Lighthouse Supplier Management module gives you and your business a structured approach to storing supplier details and recording audit and performance measurements. You will have real-time visibility of supplier exceptions during production, enabling you to make informed decisions that ensure availability of goods.
Supplier Management creates a platform for collaboration and efficiency gains by improving supplier relations and performance.
Key benefits
- Enables accurate attribution and recovery of costs through visibility of exceptions and non-compliance.
- Improves management decision making through real time visibility of offshore activity.
- Improves supplier performance through collaboration and communication.
- Provides accurate and flexible reporting facilities for enhanced supplier KPI measurement.
Features
- Stores supplier and factory production, location and contact details.
- Manages and records factory and supplier social and ethical audits.
- Alerts to nearing and overdue audit inspection dates.
- Automatic notification of suppliers failure to meet service levels and KPIs.
- Enables the visibility and application of supplier penalties based on expected and actual performance to critical Supply Chain events.
- Manages the exception reporting and contract review process.
- Supplier reporting of exceptions to production e.g. quantity, despatch date, mode.
- Automated notification of supplier exceptions and ability to accept or reject proposed changes and review commitment.
Management Information
- Automated email and dashboard reporting to supplier exceptions.
- Automated email and dashboard alerting to nearing or overdue supplier audits.
- Supplier penalty reporting
- Reporting and analysis of costs derived from supplier non-compliance.
- Vendor profile reporting.
- Supplier score card and KPI reporting.
This module is one of many available in the Lighthouse system. To discuss your business requirements in more detail with an ediTRACK adviser, contact us today.