Supplier Relationship Management (SRM) is a systematic way of assessing and identifying suppliers who are crucial to a business and developing strategies to maintain successful relationships with them. It refers to all the business processes and activities that deal with the entire lifecycle of a supplier for an organization and seeks to utilize supplier relationships… Continue reading What is supplier relationship management? What is the importance of supplier relationship management process?
There are several benefits of using a supplier relationship management solution. It essentially offers a platform to manage your suppliers more effectively by providing 360-degree information throughout the entire lifecycle from onboarding to enabling seamless collaboration to building strong relationships as well as for taking corrective actions if required. Some of the major benefits of… Continue reading What are the benefits of using a Supplier Relationship Management Solution?
Onboarding a new supplier is a simple procedure with MeRLIN’s user-friendly interface. You can send an invite to a supplier from MeRLIN’s buyer portal. Once the supplier receives this invite link, he can register by submitting his details via MeRLIN’s supplier portal. The registered supplier names will be displayed on your buyer portal as interested… Continue reading How do I onboard new suppliers in MeRLIN?
MeRLIN makes it simple to configure business rules based on country-specific requirements for onboarding your suppliers. All mandatory criteria for a supplier can be verified automatically based on their location/country. You can mandate document submissions as per item category, check certification requirements, etc using business rules.
Supplier information management (SIM) is a systematic process of collecting, authenticating, verifying, storing, updating and analyzing all data related to suppliers. MeRLIN’s SRM solution provides a consolidated view of all supplier-related information and streamlines supplier data management. It manages supplier profile and regulates the document submission and certifications according to the item category. Suppliers/Buyers can… Continue reading What is supplier information management? How to improve supplier information management with MeRLIN?
MeRLIN’s supplier performance management solution can help you in evaluating and tracking the performance of your suppliers and their Supplies. Expeditors, at the time of marking items and services as received, can assess the shipment based on various configurable parameters. The software allows you to leverage supplier analytics to compare and assess supplier performance against… Continue reading How can you track supplier performance using MeRLIN?