Supplier relationship management & purchasing : Whitepaper

Purchasing, whether it is for a million dollars in production inventory or a case of copy paper, is central to most business processes. IFS Applications includes software that addresses the entire purchasing value chain and integrates it tightly with other vital areas of your business in ways that reduce non-value-added work, provide real-time insights and delivers greater operational agility in your relationships with suppliers.

Discover IFS Supplier Relationship Management (SRM) & Procurement™️ and elevate your supplier interactions and ERP purchasing procedures. Innovating in your SRM & procurement will help streamline purchasing, manage parts, and quickly adjust to changes in the market. Direct and indirect material are both managed including support for authorizations. Users can use supplier schedules to facilitate forecasts and call-offs in repetitive environments.

This holistic approach gives you the timely information you need to negotiate with and make better decisions about your vendors, which is important in a rapidly changing global trade environment. It is also a good fit for multisite companies operating in a global environment. The tight, enterprise-wide integration and pure-play nature of IFS lets purchasing and supply chain professionals drive more value for their associates around the company. And it automates or streamlines much of the administrative overhead associated with purchasing.

Download our executive summary to find out more.