Sourcing

Maximize the value of your sourcing agreements for ongoing savings in direct materials and strategic indirect spend.

  • Reduce COGS and lower indirect procurement costs
  • Boost contract compliance and reduce contract leakage
  • Improve supplier discovery and selection
  • Mitigate supply risks

Key Challenges

  • Imperfect supplier selection - Your team is under great pressure to perform detailed due diligence and select the right supplier - not simply the one that can deliver the goods at the right price

  • Supplier consolidation - Sourcing teams are incented to reduce the number of suppliers you work with to boost buying power and reduce complexity

  • Complex and manual processes - Relying on manual communication methods increases sourcing cycle times, burdens your buyers and increases the likelihood of NPI delays

Capabilities

  • RFQ management
    • QAD’s solution makes it easy to manage the electronic RFQ process with suppliers, from recording requirements to the RFI, RFQ, contracts and finally, the order.
  • Supplier discovery and selection
    • Identify and qualify suppliers, negotiate best-value agreements, standardize processes and manage sourcing knowledge.

  • Collaboration
    • Your organization can easily gather key stakeholder requirements, collect supplier information and flexibly collaborate with suppliers.
  • Supplier performance
    • You can quickly implement agreements, track cost savings and monitor supplier performance.

The collaboration module in our new supplier platform ‘KION e-source’ helps to handle complex and time-consuming processes in cooperation with our suppliers easily, securely and
efficiently.

Jens Brethauer, Vice President e-Procurement and Digitalization, KION

AVL List GmbH Improves Supplier Communication with QAD

Automotive manufacturer improves data quality and addresses emerging supply chain risks to drive its continued success and better support ESG initiatives.

QAD Integrates with BMW Group’s Systems and Processes

The multinational manufacturer of performance luxury vehicles benefits from QAD with increased supplier collaboration and reduced supplier risk.

QAD Provides Greater Supplier Collaboration for Schmitz Cargobull

The market leader in commercial vehicle construction selected QAD for its high user-friendliness and seamless integration with an existing system.

Kromberg & Schubert Boosts Digital Sourcing Processes

This automotive cable manufacturer gained notable cost savings with increased transparency across sourcing activities with suppliers.

The web-based system guarantees a high degree of flexibility in the inquiries while at the same time standardizing the tenders. In this way, our logistics inquiries can be carried out extremely efficiently and the best solutions can be ensured for our partners and customers.

Dr. Jorg Blechinger, Managing Director, Blechinger Supply Chain Solutions

Additional Resources

Successful Strategic Sourcing Engagement? What’s Next?

Learn More

Four Key Strategic Sourcing Benefits

Learn More

Automating Procurement and Supplier Relations to Alleviate ESG Concerns

Learn More

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