Supply Collaboration

Yantra Supply Collaboration helps organizations effectively manage the extended purchase order lifecycle, including all interactions with external parties.

It provides both internal and external users with immediate access to purchase/planned orders, allowing them to negotiate changes over the Internet; redirect orders and inventory; and resolve unexpected problems or delays. Yantra Supply Collaboration provides real-time visibility into all aspects of the inbound supply chain, resulting in improved communication with suppliers; lower processing costs, faster response rates on exceptions and ultimately, increased performance of their supply chain.

Key Capabilities

• Central PO repository - Aggregate and manage purchase orders from multiple internal systems and divisions.
• Collaborative execution - Collaborate, negotiate and confirm order plans, shipments and notifications with suppliers via the Internet.
• Supplier Compliance - Enforce corporate and industry standards for supplier compliance, reporting, label printing and document formats.
• Flexible control of purchase order processes - Flexibly define metrics, track, and manage each supplier relationship according to business goals.
• Proactive Exception Management - Respond immediately to unplanned events or potential issues throughout the purchase order execution lifecycle.
• Analytics - Provide reporting and analytics infrastructure for defining, tracking and managing to metrics.

Business Benefits

• Increased Revenue - Top-line revenues can be improved through enhanced customer service by reducing stock-out risks. Improved responsiveness to customer needs by reducing order cycle times can be achieved and you can effectively up-sell / cross-sell with a solid fulfillment backbone.
• Reduce Costs - Overall operational costs can be reduced by eliminating manual purchase order processing costs, through reduced fulfillment and inventory handling costs and by reducing labor costs with collaboration and exception-based management.
• Reduced Working Capital - Achieved through reduced inventory levels by better balancing / synchronizing inventory across internal locations and trading partners. Monitors and alerts help to avoid and rapidly resolve problems (shortages, delays, etc.) Reduce material costs by leveraging more aggregated buyer data and reduced cycle times via collaboration.
• Leverage Fixed Assets: Better utilization of logistics and warehousing infrastructure.