ME develops strategic solution for supplier and third party management

Supplier management centralizes business partner processes

New regulations, legal obligations and inspections increase the demand for companies to manage their suppliers and third parties

One of the biggest challenges in the Purchasing area is to promote good supplier management. This is because, nowadays, the supply chain involves more and more companies and regulations, and new legal obligations arise every day. In addition, oversight by government agencies is even more effective due to the automation of information collection from companies.

To meet the growing demand for a supplier management process control system, the Electronic Market, a leader in B2B e-commerce in Latin America, has developed a solution in the Software as a Service (SaaS) and Platform as a Service (PaaS) models, with rapid implementation and low cost, which combines technology and support services. Suppliers Management focuses on centralizing and managing all business partner information.

 

“In this scenario, with so much information and rules from different fronts, managing the risks of relationships with business partners is increasingly important. Preserving the brand image, avoiding shortages, reducing risks of tax and labor co-responsibility and complying with the company's internal standards are vital actions for supply chain management,” said Marcelo Pereira, director of the Supplier Management area at Mercado Eletrônico.

“We now offer all data related to partner management in a single database and with the possibility of integration with any ERP system to facilitate implementation.” Enabling access via different devices is essential today. That’s why mobility is also part of the solution. “Our interface is fully responsive and data can be accessed from any device,” added the director.

The solution also enhances communication between companies and their various suppliers. Suppliers Management was developed based on the premise of total collaboration to allow the sharing of partner data with business units. In addition to buyers and suppliers, external information bases, such as the Federal Revenue Service, Sintegra, credit bureaus and other institutions, can also interact to keep data up to date. This makes it possible to optimize partner qualification, evaluate them throughout the supply period and manage outsourced labor contracts.

Suppliers Management is based on partner registration, related to five main modules: Registration, with interaction between buyer, supplier and external databases, Approval, with all legal, financial, technical and regulatory aspects of partners, Evaluation, which allows monitoring of the company's performance during the supply period, Audit, a module that allows the creation of specific forms for each type of inspection and Third Party Management, which automates and simplifies the process of managing and controlling information from outsourced companies and employees.

In addition to allowing purchasing professionals to focus on activities that are truly strategic for companies, Supplier Management promotes the systematization of standards involving management, with benefits such as operational efficiency and cost reduction. The solution also favors issues of governance, as it enables the systematic management of risks related to suppliers and the implementation of audit routines for all business relationships with the company's partners.

Redesigned based on a new concept of rapid implementation, with low cost and reduced time, the solution does away with conventional project execution methodologies and the use of programming codes. This was possible thanks to the development of a new technological platform that allows the parameterization and customization of the solution by business professionals without programming experience, also enabling the automation of other specific company processes. “If before it took months to complete a project, now we can deliver the solution immediately,” said the executive.

Another feature of the platform is the automation reports, graphs and access to a control panel with selected information from each user. The system also offers a calendar to help control process scheduling.

Suppliers Management, ME supplier management and other services

In addition to the flexibility of the solution in a safer environment and simple and intuitive interface, companies also benefit from user support services and optional Document Verification and Due Diligence services, carried out via active telephone contacts, in order to inform and demand the return of pending issues.

 

Access the Suppliers Management solution video

Publications: E-commerce NewsIT Forumpartner salesInfoChannel, Digital Tip, Financial Executives

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