German Supply Chain Act (Lieferkettensorgfaltspflichtengesetz) – What it Means to SCM & Procurement Professionals
The German Federal Parliament passed the German Supply Chain
Solutions
Create, Manage and Map Categories
Analytics, Reports, Dashboards, Cubes and much more
Register, Onboard and Manage Suppliers
Achieve LkSG compliance with MeRLIN
Never miss a critical contractual milestone
Streamline P2P processes with Workflows, Awards, POs, Supply Management & Receiving
Manage the Complete Lifecycle from RFx to Sourcing
Configurations, Workflows, Exceptions Roles, Rules, Delegations & Integrations
Industry
Use Cases
Engineering Collaboration, PLM, ERP Integration, Demand Consolidation
Deep Dive into Spend Patterns for Greater Savings
End to End Solution for R & D establishments
Automate Business Process with Workflows and Exceptions
Comprehensive Source to Procure Solution
Analyse Cost, Spend, Suppliers etc. Create Custom Reports & Dashboards
Analyse Cost, Spend, Suppliers etc. Create Custom Reports & Dashboards
Drive Cost Savings & User Adoption
Looking at your sourcing function more strategically ensures that you can consistently add value to the business. Adopting Strategic Sourcing increases operating margins, builds brand value and provides a sustainable, long-term contribution to your company’s success at least two to three times greater than the gains realized by simple purchasing automation. MeRLIN is the go-to solution to simplify the complexities of Strategic Sourcing.
MeRLIN is an integrated sourcing solution to manage your Direct & Indirect Procurement needs with Supplier Relationship Management, eSourcing and Planning augmented by Advanced Analytics. Simplify your strategic procurement through extensive automation and enhanced collaboration by bringing together all stakeholders on a single intuitive platform.
How RheinBrücke Strategic Sourcing Solution, MeRLIN helped a global automotive Tier 1 Supplier deliver strategic value to its customer.
The German Federal Parliament passed the German Supply Chain
The role of procurement department in organizations has been growing significantly over the
We all do agree that ERP systems are absolutely
Strategic Sourcing is an approach to supply chain management that rationalizes and improves the procurement activities of an organization with the use of tools, techniques and data analytics to find the best value. The strategic sourcing or strategic procurement process includes spend analysis, market & supplier analysis combined with effective sourcing, contracting and negotiating of terms to form the ideal supplier base for an organisation. MeRLIN strategic sourcing solution can simplify the complexities associated with strategic procurement through extensive automation and out-of-the box analytics that improve decision making.
Procurement: Procurement is the business process that deals with acquiring products and services for an organization and is usually viewed as a tactical function. Procurement is a broader concept encompassing multiple processes – sourcing, contract management, requisitioning, purchasing, payments, analysis, and supplier management.
Strategic Sourcing provides organizations with a number of benefits, especially if they implement a strategic procurement software. It enables organizations to leverage its consolidated purchasing power to find the best value. By bringing a strategic approach to purchasing activities, procurement leaders can ensure that they purchase goods at the best total cost of ownership. The most important benefits of strategic sourcing are:
An eSourcing solution is a system that facilitates the business process of finding, evaluating, selecting and collaborating with potential suppliers through an online platform. It also includes all the analytical aspects of identifying savings, value, risks etc.
An eProcurement solution, on the other hand is an enterprise system that enables buyers to place orders, purchase goods and complete business transactions using an online platform.
Procure to Pay Solution – A P2P (Procure-to-Pay) software is a system that supports the procure to pay processes that begins with the requisition of goods or services and ends with payment of invoices. It involves four stages namely: selecting & placing an order for goods and services, meeting compliance requirements, collecting delivery and invoice payment.
Source-to-Pay Solution – An S2P(Source-to-Procure) software, also referred to as Source-to-Settle (S2S) software is an end-to-end procurement solution supported by strategic sourcing, spend management and supplier management. It extends beyond procure to pay and includes evaluating and choosing best vendors, negotiating deals with the right vendor and forming sustainable supplier relationships and facilitating value-based sourcing.
MeRLIN is an integrated strategic sourcing solution designed to manage the direct and indirect procurement needs of an organisation through effective supplier relationship management, eSourcing and advanced analytics. MeRLIN Strategic Procurement Software has features to cover the upstream activities of procurement including strategic sourcing, contract management, supplier management and procurement analytics as well as purchase order creation & order expediting. It has solutions for Category Management, Supplier Relationship Management, eSourcing (RFx and eAuctions), Contract Management, Requisition Management, eProcurement and Receiving.
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