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… What are the benefits of using a Supplier Relationship Management Solution? weiterlesen
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… How do I onboard new suppliers in MeRLIN? weiterlesen
MeRLIN macht es einfach, Geschäftsregeln auf der Grundlage länderspezifischer Anforderungen für die Aufnahme von Lieferanten zu konfigurieren. Alle obligatorischen Kriterien für einen Lieferanten können automatisch auf der Grundlage seines Standorts/Landes überprüft werden. Mit Hilfe von Geschäftsregeln können Sie die Einreichung von Dokumenten je nach Artikelkategorie vorschreiben, Zertifizierungsanforderungen überprüfen usw.
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… What is supplier information management? How to improve supplier information management with MeRLIN? weiterlesen
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… How can you track supplier performance using MeRLIN? weiterlesen
The primary difference between procurement and strategic sourcing is that, while in traditional sourcing or procurement, the focus is primarily on the cost per unit, strategic sourcing evaluates the best possible value and Total Cost of Ownership with a view to optimizing the supply process by developing long-term, mutually beneficial partnerships with suppliers. In essence,… How is a strategic sourcing solution different from an e-procurement software? weiterlesen
Strategic Sourcing involves a systematic approach to sourcing by gathering and evaluating information about an organization’s buying requirements (total demand) combined with information about suppliers’ marketplaces as well as individual vendor performance. Unlike in traditional sourcing, the main emphasis in strategic sourcing is on reducing the Total Cost of Ownership (TCO) instead of focusing efforts… What is the strategic sourcing process? weiterlesen
A strategic sourcing software helps deployment of industry best practices in sourcing besides enabling greater levels of automation of your sourcing activities and helps simplify complexities of strategic sourcing. The major benefits of a strategic sourcing software include – Increased visibility to sourcing processes and spend data – Better supply risk management – Shorter sourcing… What are the benefits of strategic sourcing software? weiterlesen
Strategic sourcing is critical to a company’s cost structure and competitiveness. It also assists in improving the value-to-price ratio by decreasing costs and increasing the service quality on a continual basis. Strategic sourcing helps an organization by: Efficient cost management and savings: Both buyers and suppliers can gain from strategic sourcing. For purchasers, it’s advantageous… How can strategic sourcing help my organization? weiterlesen
RFI: “Request for Information” is a preliminary document utilized by firms who don’t know the market they’re intending to join. Thus, RFI is more of a fact-finding document where the organizations can ask open-ended questions that allow the vendor to discuss its whole range of products. Typically, the RFI would outline the broad business issues you… What is RFP, RFQ and RFI? weiterlesen