Streamline procurement processes across your enterprise Connect your enterprise to the Quadrem eMarketplace and automate procurement transactions with all your suppliers, many of whom may already be members of the Quadrem community. Streamline processes for procurement of stocked materials, bulk materials, catalog items, consignment or vendor-held stock and services. Quadrem solutions increase spend visibility across your enterprise — regardless of the number of disparate back-end systems or the limitations around remote-site locations. And you can bring your existing trading partners on board quickly by leveraging Quadrem’s experience in recruitment and implementation. - Establish standardised procure-to-pay processes for your inbound supply chain activities.
- Lower costs by increasing efficiencies and reducing data errors.
- Increase visibility into spend across the enterprise.
- Reduce inventory investment by shortening the procurement cycle.
- Rapidly connect suppliers across many languages and locations.
Control spending using standardised catalogues Quadrem solutions and services streamline your management of catalogue content. Whether item data resides in disparate ERP databases or in a centralised catalogue searched using a browser, Quadrem helps you develop high-quality content that adheres to a global standard. The result? A consolidated view of your historical spend data. And reduced off-contract spend. - Leverage standardised pricing and enable contract compliance.
- Concentrate spend on preferred suppliers.
- Ensure consistent use of item categories.
- Access tools and services that facilitate efficient catalogue creation, distribution and updates.
- Identify new suppliers from a global database.
Implement strategic sourcing For too many companies, price discovery is a paper-based process that is difficult to efficiently manage and track. With Quadrem’s Web-based sourcing solution, you can quickly create RFx events and templates for simple spot purchases and complex strategic buys. Quadrem’s solution can be linked to your ERP system and can perform complex total cost of ownership evaluations that incorporate cost and non-cost related variables. - Evaluate bids based on total cost of ownership.
- Create more RFx events in less time.
- Empower employees to focus on high-value sourcing activities.
- Optimise your supply base.
- Perform analysis far beyond the scope of spreadsheets.
Increase spend visibility Quadrem Spend Intelligence™ (QSI) gives you access to critical business information – at the desktop. This next-generation spend analysis tool delivers all the power you need to: - Achieve spend visibility goals
- Improve contract compliance
- Identify savings opportunities
- Track sourcing program targets
QSI shaves weeks off analysis cycles. And is a very cost-effective alternative to traditional tools. Additionally, Quadrem’s Reporting tools enable you to analyse all your eMarketplace transactions. - Access your company's historical spend information.
- Analyse transactions on an aggregate basis or break them out location by location.
- Measure key quality metrics such as order accuracy, order rejects, and on-time delivery.
Optimize your Inventory Order Points and Order Quantities Buy the right parts in the right quantities and at the right time. xIO™ Inventory Optimizer is the only MRO optimization software tool that uses a proven scientific method to calculate correct Order Points and Order Quantities for your frequently used and sporadic-use items. The results? Independent, objective conclusions to guide your inventory decisions. And immediate bottom line savings through higher fill rates, lower inventory investment, and elimination of dead stock purchasing. - Increase Service Levels by up to 22%
- Average Cash Flow increase of 12% over 3 years
- 100% ROI in first 3 months following implementation
- No ERP/EAM integration required – works using basic inventory issue & receipt data via a web-based service
- Can be implemented in 8-10 days including user training
- Tangible and Verifiable results in 30 days
Reduce AP inquiries and processing costs Quadrem's QuickPay services provide suppliers with detailed online visibility for approved payables, reducing the number of Accounts Payable inquiries. Furthermore, complete Electronic Funds Transfer (EFT) enablement means that buyers eliminate the cost of printing and mailing payment. (Suppliers also have the option of getting paid early, at no added cost to the buyer.) Everybody wins — suppliers have greater certainty about payment dates, while buyers spend much less time and resources responding to inquiries, and processing checks. - Reduce AP Inquiries.
- Reduce processing costs.
- Assist distressed suppliers.
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