Imagine being able to assign scores from 0 to 10 to evaluate your suppliers and optimize the performance of your purchasing department. What would be the reasons for these scores?
Inevitably, these questions lead us to reflect on the effectiveness of supplier management and purchasing processes, and the direct impact on operational efficiency in a company.
Scores, for example, enable detailed analysis and make it possible to identify areas for improvement, opportunities for improvement and to propose optimizations of available resources.
The importance of technology in supplier management
Registering suppliers is a simple and essential task. The problem is that it is often neglected. A professional in charge of registering suppliers needs to gather a range of essential information, from the most basic contact details to specific details about the products and services on offer.
Technology comes into play to solve this all-important issue.
Each new supplier requires meticulous registration, verification and the adoption of the necessary measures to ensure that all the information is correct and up-to-date. Employees deal with a variety of software, each with its own peculiarities and requirements. Many resort to spreadsheets, but face difficulties in standardizing and ensuring the reliability of the data recorded.
How do large companies work?
This monitoring of supplier relations is the new craze in large companies. They call it supply traceability. This demand makes it possible to strengthen commercial relationships, study the quality of products in detail and streamline processes, resulting in efficiency.
Systems that do this kind of work are new, and are called NO CODE. This means that they are adaptable to each situation.
An example of what a company using a NO CODE traceability system can do in one place:
Flexibility: Create fields and forms according to the specific needs of your business, so that any type of strategic information from each supplier is recorded;
Intelligent automation: Create workflows, alerts, notifications and everything is communicated automatically, showing stock details and the ideal time to buy;
Reports and dashboards: All this information is updated online, providing a complete overview of deliveries, delays, quality levels and even the best time to buy;
Integration: These suppliers are registered and a purchase order can be placed very easily, while respecting purchasing flows and processes.
This is the future. And it doesn't just work for big companies. NO CODE technology is already affordable for any type of company.
If you haven't already, you need to think and act like the best.