QAD SRM (Supplier Relationship Management)

QAD SRM (Supplier Relationship Management) creates value for manufacturers by improving supplier collaboration, ensuring optimal sourcing and faster response to changes in supply and demand. The solution provides manufacturers and their suppliers a single point of entry to facilitate real-time communication, improve procurement processes and reduce inbound supply risks. It delivers value across direct and strategic indirect procurement activities by improving strategic sourcing, supplier quality management, contract management and supplier performance.

Supplier Management - collects and manages all supplier information and activities. It helps reduce discovery, on boarding and qualification cycle time. The solution enables suppliers to manage their own information and provides manufacturers with a single record of global supplier activity and performance. The solution facilitates communication between manufacturers and suppliers while reducing error-prone, manually intensive supplier management processes.

Sourcing - manages the electronic RFX process with suppliers, from recording requirements to the RFI, RFQ, RFP, contracts and finally the order. It identifies and qualifies suppliers, helps negotiate best-value agreements, standardizes processes and manages sourcing knowledge. Further, it adapts to a company's necessary workflows, based on an organization’s standards. The solution facilitates communication between manufacturers and suppliers while replacing error-prone, manually intensive sourcing activities with robust and auditable proceses.

Auctions - provides companies the ability to obtain better sourcing results by tailoring the auction design to the negotiation situation and awarding strategy. It enables procurement teams to manage events where market prices are negotiated and set based on the capabilities and price limits of the participants.

QAD Demand and Delivery - creates value for manufacturers by improving supplier collaboration and supply chain visibility, enabling faster responses to changes in supply and demand. The solution facilitates real-time communication between manufacturers and suppliers while reducing error-prone manually intensive processes.