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For brand owners, multiple tiers in the value chain network have led to reduced visibility and collaboration in the supply chain. As a result, many companies have become increasingly dependent on suppliers to drive business and operations performance results.

Even mature supply chain organizations, have a tendency to keep suppliers at arms-length, leading to poor information exchange and lack of collaboration. While this approach may have worked in the past, today’s competitive pressures demand a more direct and interactive approach to supplier collaboration solutions.

Supplier Collaboration Icon

Unfortunately, the reality of traditional supplier collaboration approaches is data is collected but isn’t transformed into actionable information. 

To be truly effective, collaboration in the supply chain needs to go far beyond the tactical exchange of data between stakeholders. Key suppliers must actively review information and contribute to the decision-making process so that companies can exchange early warnings and collaboratively resolve supply chain risk issues before it's too late.

Visibility

Suppliers need global supply chain visibility into the state of the value chain with the ability to assess the impact of exceptions immediately – allowing suppliers to avoid the constant scramble for information and answers.

Engagement

Enterprises must drive enhanced collaborative supplier engagement and better buyer efficiency to establish more pro-active management of issues.

Orchestration

Companies should have a single technology solution to orchestrate all supplier collaboration, with the flexibility to support unique business processes or special terms and conditions.

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Using the RapidResponse® Supplier Collaboration application enables:

Interactive supplier engagement
Suppliers need to be an extension to your organization, not set apart from it. By connecting data, processes and people, RapidResponse allows you to collaboratively reduce process cycle times, respond immediately to customer and supplier inputs while getting more accurate insights into key decisions.

Companies can balance the requirement for control and ownership with the desire for increased engagement and coordination. Through automated B2B data exchanges, rich EDI collaboration and direct supplier interaction with RapidResponse, your enterprise can easily:

  • Share purchase order and forecast requests, and initiate collaborative review and adjustments.
  • Track supplier commitments and be alerted to gaps between request and commit.
  • Streamline buyer review and approval of commitments.
  • Monitor supplier performance through dashboards and scorecards.
  • Synchronize purchase order and forecast changes with ERP.

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Enhanced supplier collaboration will improve the flexibility of your supply chain and the profitability of your enterprise. With RapidResponse, you can align key suppliers to your business goals and objectives, resulting in better forecasting, greater supply chain efficiency and reduced decision latency. By collaborating with all supply stakeholders, including your external suppliers, you’ll have the ability to know sooner and act faster. 

THE RESULTS?

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Work collaboratively with key suppliers to make faster, more cost effective decisions.

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Reduce the “firefighting” to resolve supply chain risk issues in a timely manner that minimizes impacts to customers and the bottom line.

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Achieve better long-term results with more productive supplier relationships.

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March Networks Using RapidResponse to Solve the Gap Between the OEM and CM

March Networks - Using RapidResponse to Solve the Gap Between the OEM and CM

Agilent Creating Fully Integrated Suppy Chain Plans

Agilent - Creating Fully Integrated Suppy Chain Plans