Supplier
Collaboration

Production and customer delivery schedules are dependent on timeliness of suppliers. With OpsVeda Supplier Collaboration, ensure that you are abreast of the progress at your suppliers while also proactively sharing relevant information like forecasts and inventory levels with them.

Solution Coverage

Supplier Progress Tracking

Make it easy for your suppliers to keep you updated while also proactively providing them relevant information. With OpsVeda they can choose from a variety of methods including real-time exchange to provide you data related to your purchases

Exception Monitoring

Use analytical rule-based or AI driven exception monitoring to identify situations that need your intervention. The continuous analysis can include supplier provided information, your inventory and production data, criticality of parts or raw material, and even expected but missing information from your suppliers

Engineering Change Management

Automatically assess parts requirement changes for engineering changes. Workflow to push additional requirements/cancelations to suppliers. Automated credit/debit based on changes

Actions Enabled

  • Alternative sourcing based on supply tracking
  • Expedite inbounds
  • Proactively cancel POs as needed
Supplier Collaboration

Benefits

Stoppages at shopfloor

upto

17%

Inbound expedite costs

upto

31%

COGS

upto

04%

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