The analysis of existing and potential suppliers according to uniform standards provides you with a solid basis for strategic decisions. From a purchasing perspective, the ideal situation is reached when the SRM software quickly generates a 360-degree view of a supplier.

Challenge for purchasing: Determining the right supplier

One of the primary tasks of the purchasing department is to identify the most suitable supplier from a wide range of suppliers. As a buyer, you are particularly challenged when you need to make well-founded statements about a product or supplier in the shortest possible time. In many companies, the research work required for this is rather time consuming and nerve-racking.

Also the financial effort on the way to a solid supplier research is often considerable. With our ASTRAS solution these critical processes can be defused.

Thanks to optimized database structures and networking, you can enjoy decisive competitive advantages. As a buyer, you receive the information you need in a clear, cleanly structured form. The decisive difference to the conventional way of working is a quickly available 360-degree view. With this “all-round view profile” you will be able to make well-founded supplier decisions.

Thanks to a uniform methodology for system-supported analysis using ASTRS SRM software, there is considerable potential for optimisation, which you can develop yourself. In combination with the increased procurement quality, this sets the course for the “future” in purchasing.

Decisive for the quality and efficiency of SRM software are the following target positions:

  1. Uniform evaluation criteria form the basis for the qualification of potential and existing suppliers. In this way, their performance becomes presentable, comparable and measurable at the operational level. These operational objectives open up further optimization and cost reduction potentials for the purchasing department.
  2. Dependencies and supply risks can be minimized by defining suitable procurement strategies. A transparent basis for decision-making helps to optimise the quality of your procurement processes.

Der ASTRAS Lieferantenmangement Prozess

This step describes the processes of supplier identification and qualification. It is thus one of the operational objectives already mentioned, which is based on the structured consideration of existing and potential suppliers. Important criteria in the analysis are quality, innovation potential, sustainability, occupational health and safety and basic health & safety requirements. It is recommended to introduce binding automation and standardization rules. With their help, the processes in purchasing and in the specialist departments can be streamlined.

In this section you store the key for evaluating the performance potential of existing suppliers. The criteria used are the observation, measurement and evaluation of services rendered. By taking appropriate measures, performance can then be optimised. As the responsible purchaser, you determine the criteria for performance evaluation, for example, an evaluation model by material group and specific weighting.

The supplier classification can be developed from the previous supplier evaluation. It is advisable to schematically divide the suppliers into classes based on a fixed points system. Once these criteria have been stored, the ASTRAS SRM software uses the criteria you have stored. The classification for an “A-supplier” would then be shown, for example, in the range “80 to 100 points” with the rating ” Preferred Supplier “. The ASTRAS SRM software also allows you to store recommendations for the further handling of the supplier in question. Depending on the classification status, the recommendation can be “expand”, “develop” or “phase out”.

This area offers space for strategic decisions. For example, it is possible to determine the type and intensity of the future business relationship with this supplier. The results from the two process areas of supplier evaluation and supplier classification play a key role in this consideration and definition. The supplier development process is based on the following models

The phase-out, often referred to as “phase-out”, governs the planned termination of a business relationship between buyer and supplier. The SRM software allows the definition of a process to be initiated and its structured sequence. The phase-out is the final point to be consciously set. As the person responsible for purchasing, you are authorized to use the SRM software to describe and execute the stages of the phase-out schedule for a supplier.

Your benefit:

  • Company-wide supplier information system
  • Evaluation and monitoring of all supplier activities and KPIs
  • Always up-to-date supplier information
  • Structured supplier communication
  • Increase of the process quality
  • Global SRM Collaboration Tool
  • Secure, well-founded supplier decisions
  • Most modern supplier management software modules

The SRM software at a glance:

  • Task Management
  • Document Management
  • Supplier evaluation
  • Supplier development (measures)
  • Supplier qualification
  • Material group management / strategies
  • Confidentiality Agreement Management
  • Organization-specific data
  • Complaints Management
  • Spend Management
  • Status Management
  • Contract Management
  • KPI reporting

More ASTRAS modules:

With the short profiles of the five stages of the supplier management process shown here, we first wanted to give you a rough overview of the structure of the ASTRAS SRM software. We hereby invite you to get to know the potential of this powerful tool for your purchasing department in a web demo. We are looking forward to your appreciated registration for the web demo.

Looking at the figures of the Federal Statistical Office on the growing external value added of German industrial companies, the need for a powerful SRM software can be seen.

The steadily increasing importance of suppliers complements the company’s internal value chain. The interaction only works in the sense of overall business success if the supplier management is based on a solid foundation. Carefully structured and designed software combines the requirements of operational supplier management with the absolutely necessary strategy processes. Both structures are taken into account in the SRM software and thus become an important tool for purchasing.

Persönliche Beratung Meik Richter Head of Sales Allocation-Meik-Richter-Sales-Vertrieb.png Allocation Mitarbeiter

Meik Richter
(Head of Sales)

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