Get the best out of your vendors to improve efficiency and collaboration.
Vendor Performance in OmegaCube ERP enables you to analyze the reliability, quality, and performance of your vendors. You can get real-time information on your vendor’s performance, helping you 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 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.
- Improve customer satisfaction.
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.
Related Topics
What are Suppliers & Purchasing in OmegaCube ERP?
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.
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What is Inventory Management in ERP?
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.
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What is Supply Chain Collaboration in ERP?
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.
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