Trade Interchange SIM - Supplier Information Management system revolutionises the way procurement professionals work with their suppliers.
What is Supplier Information Management?
SIM empowers you to manage and maintain relationships with as many suppliers as you wish in a fast and effective way. It is a powerful data handling facility that builds a complete picture of supplier relationships, providing you with instant access to details such as supplier capabilities, capacity and compliance. It offers you an invaluable insight into such areas as: quality assurance, corporate social responsibility, insurance and environmental policies of your suppliers.
Benefits of Supplier Information Management
Dramatic savings on supplier data management.
Improve vendor governance and supplier compliance management.
Minimises supplier risk, reduces product discrepancies and service disruptions.
Real time access to up to date supplier information.
Single source of supplier information to be shared across the organisation.
Invaluable supplier database
How to use Supplier Information Management
All of your suppliers, current and potential, will be asked to complete their details online, saving the time you would otherwise spend on talking to people that approach you on a daily basis. They will have to put in their company details, contact information, describe their capability, areas of expertise and provide formal accreditations, certificates, insurance and other supporting documents by way of attachments. You will be able to qualify the vendors on the basis of your requirements and the information they provide, ensuring compliance. With configurable edit and alerting capabilities your suppliers will manage their profiles in a simple and effective manner, while your buying teams will be able to request, monitor and qualify information provided by potential suppliers in real time.
Self-service Supplier Information Management
We are the only company in the industry to offer you SIM in a variety of self service packages starting from a free trial. You can compare the functionality of all packages (click here) and select the right one to meet your needs.
Trade Interchange can provide additional support to assist you in the set up phase of your SIM facility through our Enterprise Plus solution.
To find out more or to arrange a demonstration Tel: +44 (0) 20 878 00610 or click here