Vendor Performance
Key Benefits of Vendor Performance
- Get real-time information on vendor’s supply performance, procedure adherence & product quality.
- Reduce the cost of quality by gaining insights into quality issues and vendor performance metrics.
- Improve compliance by tracking performance metrics and procuring from approved suppliers.
- Improve procurement efficiency and profitability.
- Reduce stock levels, inventory, and storage costs.
Key Features of Vendor Performance
- Analyze reliability, quality, and performance of vendors.
- Analyze the on-time performance of vendors using On-time Receipts report.
- Get Key Performance Indicators (KPI) based on time and vendors.
- Analyze on-time performance done during the last one-year period.
- Analyze top 10 vendors who supplied materials and services in the last year.
- Access detailed vendor data including ratings and approval
- Review product quality, on-time performance by various parameters such as item numbers, item type, vendor name, date, etc.
- Publish performance and dashboard data to users based on role permissions.
Our Customers are Our Purpose and Our Strength
We have to coordinate truckloads of steel, castings and other components from foreign suppliers, and PowerERP helps us balance, plan and schedule our ordering and inventory movements.”
Well, I can just say that it’s impossible to make a mistake now. The close-knit process within OmegaCube ERP ensures that almost no mistake can be committed. For example, a purchase order lines up with a purchase receipt, and you can’t enter an invoice without a purchase receipt. In the ERP, you cannot duplicate the purchase receipt because it’s tagged to this purchase order. Therefore, the system makes it entirely difficult to make any sort of mistakes of course, unknowingly.”
“Our customers want a supplier that can be responsive to their requirements, that can give them an accurate picture of what can be accomplished. OmegaCube lets us do that.”
Browse through our Latest ERP and Technological Insights
FAQ
Suppliers and Purchasing Management in OmegaCube ERP streamline material procurement process from suppliers, improves supplier collaboration, reduces procurement cost, improves cash flow and inventory management.
Inventory Management in OmegaCube ERP enables manufacturing enterprises to efficiently plan, procure, build, manage and track inventory in real-time. They can maintain optimum inventory levels, improve material traceability and cash flows by ordering the right materials at the right time for the right cost from the right supplier.
Supply Chain Collaboration in OmegaCube ERP transforms the entire supply chain with an automated flow of information between manufacturers, distributors, and their business partners, suppliers, customers, and staff personnel.
