Tomorrow's manufacturing leaders are moving quickly to implement supply chain solutions that will rapidly reduce the cost of goods, improve inventory management, and shorten cycle times to provide a strong ROI this very same year.
The new buzzword is SRM (Supplier Relationship Management). Industry analysts are saying that SRM is the most important Internet-based application manufacturers can implement in 2002. SRM technology can help them quickly attack direct material costs, while increasing customer responsiveness and improving management control over the supply base.
Global competition and economic turmoil are putting tremendous pressure on manufacturers to achieve previously unattainable cost savings and reach dramatic new levels of efficiency. Low cost SRM solutions available today can be deployed quickly and provide immediate hard benefits and fast ROI.
What is SRM? Where does it fit in relation to traditional procurement processes and ERP systems? How do you evaluate the business case for implementing SRM in 2002? Which SRM functionalities are manufacturing leaders implementing today for fast payback?
For the answers to these questions and more, you are invited to join SupplyWorks, Inc. for a FREE Webcast:
"Using Supplier Relationship Management (SRM) to Lower Your Direct Material Costs in 2002"
Learn how straight-forward purchase-order automation, vendor-managed inventory (VMI), and multi-level visibility, combined with improved supply management processes, RFQ's and other sourcing tools, creates an opportunity for discrete manufacturers to improve their bottom line in the very first year.
Jeff Herrmann has over 15 years of experience in high-payback manufacturing software applications. Before joining SupplyWorks, he was founder and CEO of Optimax Systems Corporation, which pioneered advanced planning and scheduling systems for such major manufacturing firms as Deere & Co., Volvo Truck, and GE Appliances. He has focused SupplyWorks on developing advanced Supplier Relationship Management systems for leading industrial, automotive, and high-tech manufacturers.
SupplyWorks, Inc. is the leader in Supplier Relationship Management (SRM) solutions that maximize the value of the supply base and improve supply chain performance for discrete manufacturers. The Company's web-based software rapidly enables manufacturing organizations to quickly streamline procurement processes, automate replenishment, increase multi-level visibility in the supply chain, and substantially reduce the cost of parts and materials. SupplyWorks is headquartered in Bedford, MA. More information is available at www.supplyworks.com or by calling 800-626-0220 x1690.