Vendor Performance in OmegaCube ERP enables manufacturers to analyze the reliability, quality and performance of their vendors. Manufacturers can get real-time information on their vendor’s performance, helping them to improve material procurement and service efficiency, reduce costs, improve profitability and customer satisfaction.
Key Benefits of Vendor Performance
- Get real-time information on vendor’s supply-performance, procedure adherence & product quality.
- Reduce 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.
- Improve customer satisfaction.
Key Features of Vendor Performance
- Analyze reliability, quality and performance of vendors.
- Analyze 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 one 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 no role permissions.
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