Supplier Relationship Management – SRM – is the tool to simplify and automate procurement processes. SRM is useful for companies of any size because with the effective implementation of supplier relationship management procurement costs can be reduced. This leads towards a higher profitability without being predicated on sales growth or waiving higher quality.
POOL4TOOL SRM Suite was mainly developed for supplier management and supplier development as well as for the purpose of facilitating the electronic exchange of different sorts of data between separate companies. This goal was achieved through the integration of entierprise resource planning (ERP) systems in development, purchasing, and supply chain and quality data management.
With POOL4TOOL, businesses receive a powerful solution to design relationships with their suppliers as profitably as possible. In the past, companies concentrated on integrating their main suppliers to their internal system by using electronic data interchange (EDI). Now you can enhance relationships to your suppliers with a solution that includes all of them and provides a basis for smooth, integrated electronic processes.
Unique features like transaction-related access authorizations, extensive ERP interfaces, additional functions for suppliers, and a brand-new mix of applications and web services, form a complete all-in-one solution.
POOL4TOOL Supplier Relationship Management (SRM) equips you with the functions and tools to establish effective processes and optimize the relationships between you and your suppliers.
The following illustration shows a supplier portal for procurement, development, logistics and quality with integration to an ERP, PLM and groupware system:
POOL4TOOL enables you to continuously monitor, analyze and evaluate your purchasing strategy. At the same time, the application enhances your suppliers' working processes.