Supplier Relationship Management

Create the right value from your supply ecosystem

The globalization of trade is leading supplier networks to gain in strategic importance. Outsourcing strategies result in companies refocusing on their core capabilities, thus increasing the weight owned by supply networks in the value delivered to the end market. Relying on a dependable, agile and transparent supply network can make the difference between success and failure against your competitors. Supplier Relationship Management solutions act as a common framework enabling collaboration among manufacturers/retailers and their supply and logistics networks:

• Collaboration between all the trading partners with end-to-end coverage of supply chain processes, from sourcing and procurement, to the monitoring of outsourced production, down to distribution
• Real-time information sharing through web access
• Fast responsiveness to possible disruptions through event management
• Mutual commitment and control over the process thanks to KPIs and Performance Management capabilities helping increase the quality of your supplier relationships.

TXT e-solutions fully supports advanced SRM capabilities with the TXTCHAIN module, part of the TXTPERFORM2008 suite. With TXTCHAIN you will be able to manage all aspects of SRM in one single web environment – sourcing & contract negotiation, procurement & order management, logistics and distribution, including event and performance management and as such make your supply ecosystem evolve to achieve win-win relationships and joint value.