PRODUCTS : Purchasing

Procurement + Drop-Ship Automation

Corezon's Supplier Relationship Management (SRM) is a powerful solution that makes the entire purchasing process more cost-efficient and enables more strategic and prudent spending decisions. Enterprises can now streamline and reinforce best-practice procurement activities, aggregate and leverage their considerable purchasing power, and optimize and create strategic relationships with key suppliers. Now you can control and reduce spending on goods, materials, and services, while improving responsiveness, quality and profits.

SRM Advantages

• Streamline sourcing and procurement: Simplify the complete source-to-settle process, saving precious time and resources while increasing user adoption.
• Manage all goods and services spend: Provide a complete 360-degree view of all spending while still meeting the needs of individual departments and constituent groups.
• Measure and optimize business processes: Track and manage all spending activity and identify areas where you can improve efficiencies and cut costs across all departments and suppliers.

Modules Included:

Purchasing

Purchasing enables you to manage your purchasing activities online for the most efficient, cost-effective procurement of raw materials, goods, and services. Streamline your procurement process by using automated workflow approvals, electronic commerce (including XML and EDI), email, automatic faxing, and electronic catalogs.

Features List

• Move critical procurement processes online: requisitions, change orders, purchase orders, contracts, and shipment receipts to reduce errors and save time.
• Capture and maintain comprehensive records of the raw materials, goods, and services you purchase and turn buying patterns into meaningful contracts.
• Capture additional costs such as the freight, duty, inspectionnd setup charges associated with each purchase for a complete picture of your procurement costs.
• Manage complete supplier information in one location, which allows easy access to the answers both you and your suppliers require.
• Leverage innovative query and reporting tools to define and customize your own purchasing analysis and reports.

Sourcing

Corezon Sourcing gives your organization the power to streamline its RFx (request for quote, request for proposal) processes, and strategically award contracts and purchase orders. Now you can more effectively determine the best suppliers for required goods, materials, and services, and evaluate the business conditions for making your sourcing decisions. By leveraging the power of the internet, Corezon Sourcing empowers organizations to experience an unprecedented level of profitability, control, and efficiency when buying goods and services.

Features List Reduce procurement costs through competitive and effective bidding.

• Leverage existing supplier and customer relationships while reaching out to new trading partners.
• Effectively track bidder participation and results.
• Increase competition with your key suppliers.

Align purchasing objectives and execution with overall business strategy.

• Develop strategies and events that include weighted, non-price factors such as warranty, lead time, and defect rate.
• Collaborate and capture critical sourcing requirements from key experts.

Automate, control, and optimize the RFx process both inside and outside the enterprise.

• Track every bidder's participation and results.
• Streamline multiple round sourcing by tracking and leveraging every RFx event.
• Retain event histories, knowledge, and strategies in the application for future use and performance analysis. Manage complete supplier information in one location, which allows easy access to the answers both you and your suppliers require.
• Leverage innovative query and reporting tools to define and customize your own purchasing analysis and reports.

866.391.0491