Problem: Fragmented order information in different systems and different versions of the truth
Solution: All order information in one place and real time insight in statuses
As a buyer you can automatically send purchase orders from ERP to suppliers. Suppliers can then confirm the orders per line by quantity, price and delivery time. Confirmations are immediately processed in the ERP system and only deviations are entered in the workflow. Suppliers are kept informed of what is still open and everyone is looking at the same information.
Problem: Unclear who should take which action, when
Solution: One list with all your order and communication tasks, filter by contact person/company/type of task, direct insight in the information to perform a task and everything in context of an order or order line
If a supplier confirms something different, this will be added to your workflow. In your workflow you immediately have an overview of all deviations by quantity, price or delivery date and you can immediately assess and approve or reject them. The workflow can optionally be controlled per buyer.
Problem: Agreements about orders are hidden in emails, no transparency between different people working on an order and difficult to find out what exactly has been agreed
Solution: Communicate in context about an order directly with the order details and transparent information, everyone looks at the same information
In the Tradecloud platform you can communicate in real time with your supplier via the chat function to quickly reach an agreement. All communication is stored centrally and can therefore be found by everyone and is always in context of an order or order line.
Problem: Documents are outdated, unknown, spread over (internal) systems
Solution: Documents can be uploaded to the order or order line in Tradecloud, everyone looks at the same (correct) information
You can add any accompanying document to an order (line), such as a drawing, packaging instructions, product data sheet, etc. This can be done via the portal or (automatically) via the API integration.
Problem: Analytics are either not available at all or only through a separate external program
Solution: Analytics are calculated directly by Tradecloud and are transparent for both the buyer and the suppliers
Realize real time insight into the supply chain so that you can manage the exceptions. Some examples are: delivery reliability, order status, order volumes and order values.
Problem: It is not always known when which orders will be shipped and/or delivered
Solution: Register and track shipments via the platform, accessible to everyone
Suppliers can plan deliveries including Track & Trace information. Realize better (JIT/Lean/QRM) planning for the production and/or warehouse. Registration and planning of deliveries by suppliers and preparing them as a concept receipt. Including digital packing slips, waybills and specifications.
Problem: Forecasts are known internally, but are not shared with suppliers
Solution: Share your forecast with your suppliers via the platform and thus increase predictability
Ensure that suppliers have insight into material requirements for the next 12 months. Provide suppliers with more information, so that they can also better organize their own process and gain insight into stock at various locations.
Problem: Item information is hidden in internal systems and is sometimes out of date
Solution: Share the item information on the platform, everyone looks at the same up-to-date information
Buyers and suppliers both have access to the same item information. Prices, delivery times and possibly CAD specifications are available in real time for all parties involved. A central overview of all item master data ensures fewer errors. Suppliers have access to their own data and can adjust it.
Problem: Invoicing is a separate activity/department outside of the purchasing process
Solution: Invoicing also runs through and is transparent on the platform, automate the entire purchase-to-pay process
Together with our partner Workflowwise, we deliver a solution for processing purchase invoices. Invoices can be processed digitally and suppliers can see the status of the payment at any time.
Problem: There is a lot of information available that is not used
Solution: Tradecloud automatically collects all available information and uses it with AI for informed future decisions
With the help of AI you can focus even better on the real exceptions in your supply chain, because AI helps you to automatically approve certain deviations or to identify risks at an early stage. In 2020 we will launch our first module for this. Do you want to know more? Read our blog about AI.
Integrate quickly with suppliers that are already active on the platform
Yes, please contact me!