TXTCHAIN

Putting SRM at the heart of supplier integration

A well integrated and managed global supply chain will benefit all parties involved. Forward thinking companies are well aware of this and work to leverage the enormous potential that lies in better supplier collaboration and performance management. Be it through the standardization of data exchange or the synchronization of complex Supply Chain processes, organizations see the value in investing in technology that delivers benefits. In today’s Supply Chain environment where organizations seek to become demand driven, TXTCHAIN is the right choice

TXTCHAIN is a web-based Supplier Relationship Management (SRM) tool for improved communication and process management with partners. The product allows a company and its suppliers acting as a single enterprise, with benefits in terms of:

• Cost savings by automating the process of negotiating
• Increased perfect orders from suppliers which result in enhanced agility for the company
• Coordinated schedules and better use of assets across the extended supply chain
• Lowered transaction-process times and costs

TXTCHAIN at a glance:

Either directly connected to the companies’ ERP systems or accessed through a web front-end, TXTCHAIN allows visibility and proactive monitoring of transactions between trading partners across the supply chain. TXTCHAIN helps identify suppliers to be called for offer and manage the negotiation process to the selection of the best partners. Progress status on outsourced production can be easily monitored as well as adherence to predefined schedules. Subcontractors, suppliers and logistics service providers have a complete overview of their respective orders whilst the event management functionality of TXTCHAIN highlights issues in critical processes and enables timely corrective action. TXTCHAIN is based on the Application Service Provider (ASP) model. For integration with ERPs, local connectors are on hand.