Supplier collaboration with PLM ensures that your organisation uses accurate supplier information when specifying and procuring components and services. Built-in supplier management workflows help you track and audit their work. Supplier collaboration tools help you to speed up development cycles by sharing designs, bill of materials details and more.
Webinar: Using PLM for Up-to-Date Supplier Information at Your Fingertips
Join us to learn how using a product lifecycle management (PLM) system organises the most up-to-date supplier information centrally so you always have it, with capabilities such as integration with your CRM and ERP systems to use enterprise information; auditing suppliers and keeping a 'do not use' list to avoid future issues; linking suppliers to your bill of materials to ensure compliance standards; tracking compliance to regulations such as RoHS, REACH, conflict minerals and ISO9000; and to secure supplier participation in the procurement process.
Automated processes for quoting, procurement and supplier collaboration efficiencies.
Central source of supplier information
Manage comprehensive information about your suppliers in a single system including approved manufacturers lists (AML) and approved vendor lists (AVL), as well as components each supplier provides and their strategic importance to your organisation.
Automated supplier reviews
An automated supplier audit workflow notifies you when a supplier is up for review to ensure every supplier record is kept up-to-date with the latest information. Stakeholders in procurement, quality and other areas of responsibility can see the real-time status of a supplier going through an approval process to know supplier availability.
Collaborative procurement process
Give suppliers controlled access to only the data they need to see to actively participate in the procurement process:
Invite suppliers to collaborate with you during the RFQ process and reduce downstream errors that can occur from misconceptions
Share product drawings and 3D visualisation models with suppliers to show design details for accurate quoting
Align internal and external stakeholders on deliverable expectations to improve project outcomes
More you can do with supplier collaboration in PLM
Know which suppliers to use
Rather than relying on tribal knowledge or digging through emails and spreadsheets for preferred suppliers, find up-to-date information in a centralised system when you need it.
Improve supplier compliance
With a central system for your bill of materials data and structured PLM workflows, you can share product-specific details and industry compliance requirements and documentation with your suppliers.
Integrate PLM with CRM and ERP
Ensure supplier information is consistent in all your enterprise business systems without manual intervention by integrating PLM, CRM and ERP to exchange supplier, inventory and product design details.
Discover more benefits of product lifecycle management by taking a PLM business assessment.