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Easy Source Supplier Extranet

Supply chains span from raw materials, to manufacturing, distribution, transportation, warehousing and product sales. As the number of resources, operations, and functions increase, managing the supply chain can become very complex. More over, with most organizations going global, their suppliers reside in distant locations. Added to this, they maintain their own dealer and vendor networks making tracking impossible for an organization. Management of resources and relationships along the supply chain is termed as supplier extranet.

Most importantly, supplier extranet is about getting the right material at the right time in the right place in the most cost efficient manner. It involves greater real-time connectivity, visibility, velocity and collaboration through all levels of the supply chain.

Supplier Extranet involves the tools and process that are used to manage the external trading partner relationships comprising the supply side of an organization's supply chain.

Wipro-01markets' supplier extranet tool is a Web-enabled tool that facilitates participative, collaborative and a non-serialised method of addressing the business needs of the buy side supply chain comprehensively.

Our Proposition

Contracting

Intra Component Integration
Ability to port bid evaluation data from Electronic Tendering System and Dynamic Price Engine into configurable templates supporting

  • The functionality of share of business
  • Facility to allocate share of business based on the bid evaluation to one or many vendors
  • Aggregation
  • Facility to aggregate multiple event results into one or many purchase orders.

Contract Formulation

  • Facility to use predefined contract formats to suit specific contracting requirements.
  • Ability to set contract parameter regarding Testing and Inspection requirements, fulfilment type (Partial or Complete fulfilment) shipping instructions, Commercial terms of business and other contract execution directives.. Facility to upload documents in required formats to create contract docket.

Contracts formats:

  • One off purchase orders
  • Rate / Open Contracts (Price, Qty, Duration etc.)
  • Schedule / Agreements
  • Processing or job-work orders
  • Automatic replenishment orders
  • Custom formats with configurable business rules.

Integration with back-end systems

Facility to lift Purchase orders created in back-end legacy / ERP systems, either through batch processing or event driven data lift.

Approval Work flows and Business Rules

Configurable work flow and rules engine allows document routing to various approving authorities driven by configurable business based on parametric triggers such as contract value, item criticality, contract duration etc

Contract Confirmation Amendment and Reconciliation Cycle

  • Facility for supplier to collaborate on contract through out execution life cycle, by requesting amendments and alterations. Amendment requests can be subjected to approval work flows.
  • Facility to manage buyer originated amendments with approval workflows and reconciliation mechanisms.
  • Document management facilities include, revision, amendment and version control through system generated or mandatory manually input revisions Nos. and dates.

With increased complexity and scattered supply chains, participants at all levels need a real time view of the supply chain so that they can proactively react to changing conditions. Employees and partners need to monitor their manufacturing and supply activities and rate their performance in order to collaborate and make informed and intelligent decisions, more rapidly.

We provide the best in class supply management tools bringing automation, control and compliance to the material and money flow with in a chain. Our solution results in optimized inventory, improved capacity utilization, more efficient processes, better order fill rates and eventually, a far more attractive bottom line.

With our supplier extranet solution, you can

  • Control the changing customer requirements on the buy side and the sell side
  • Maintain delivery commitments
  • Gain real time visibility into the supply chain
  • Ensure connectivity between requirements and fulfillment
  • Audit and track processes
  • Pre-source process approvals
  • Reliable payment system
  • Product amenability status update

Some of the outstanding aspects of managing a complex buy side supply chain that are covered by our solution:

  • Demand and supply: We provide a cutting edge, collaborative feature that allows buyers and suppliers across all tiers of the supply chain to view and proactively manage unanticipated events
  • Service levels and inventory: We bring complete visibility to inventory that in turn helps procurement optimization
  • Quality: The tool has a quality-monitoring feature that allows suppliers and buyers to manage and collaborate on inspection and testing requirements, ensuring conformance to quality process fulfillment.
  • Operations and strategy: We provide a business intelligence component that captures all supply information processed through the solution.

Key benefits

The supplier extranet solution results in the following direct and indirect benefits:

1. Compliance to requirements
2. Collaboration on materials requirement
3. Control on execution of requirements
4. Control on flow of materials
5. Inventory optimization
6. Settlement capabilities
7. Robust business intelligence capabilities
8. Orientation of suppliers to revised requirements
9. Realignment of production runs, supplies and resources
10. Improved quality of communication
11. Improved process efficiency
12. Improved productivity
13. Inventory optimization
14. Improved visibility of cash flow in the supply chain


 

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