Using Your ERP System to Strengthen Supplier Management
With global supply chain issues, it is now more important than ever to employ streamlined supplier management practices. Using e-Emphasys Supplier Management will help you streamline the buying process, optimize your vendor relationships and improve your bottom line. Our solution offers you end-to-end support throughout the purchase cycle with real-time integration into the financial modules.
In the early stages of the buying process, you will be supported by the system’s streamlined RFQ and order management processes, which can be configured by vendor or product. This eliminates the generation and distribution of manual spreadsheets; as all stakeholders will have access to the information within the e-Emphasys platform.
The system is equipped with pre-built interfaces with OEM parts catalogs, price updates, inventory look-ups and ordering systems. Your parts team will be able to quickly find and evaluate what they need, saving time.
During negotiations, the platform supports advanced administration of supplier terms and conditions. When it is time for a P/O, the system supports consolidation of branch-level planned orders into a single P/O. It can also automatically convert a customer equipment order into a request for a P/O.
Throughout the process you will see benefits such as order processing efficiency, reduced error probability, and greater productivity. It will promote an increased focus on the strategy behind the OEM Supplier relationship. With the invoice review and approval process within the system, you can reduce losses.
John Wright, VP & CIO at ASCO Equipment says, “e-Emphasys has improved our integration with OEMs significantly. We have integrations with probably 10 manufacturers now where we don’t have to enter their data from a book or a file into the ERP anymore. It’s imported directly from the OEM.” This has saved ASCO time and reduced errors. In addition to error reduction, this centralized procurement process can lead to greater buying power.
To learn more about the benefits that ASCO Equipment has realized from the e-Emphasys Supplier Management and Dealer Management Platform, you can view their video here. To speak to our team directly about your needs, schedule a demo today!