SupplyChain Magazine December 2017 | Page 107

ASIA our inventory based on what we call catch weight variances ,” she adds .

“ Most large ERP solutions have not been successful in providing a solution for this specific requirement . Additionally , we now utilise a new bolt-on solution to RedRock that has allowed us to increase the efficiency of our supplier registration and accreditation via an electronic supplier portal . Initially , the use of that portal is for our vendors to undergo vendor registration and accreditation . Vendors are provided with a username and password and a link to access the portal . They complete an online application providing us with required information on their company , and they upload pertinent licenses , permits , insurance documents and financials . The business process team will then verify for authenticity , work with risk management on the financial assessments and conduct background investigations . This online portal has saved us a significant amount of time reducing the process from nearly three weeks to a matter of days . Then , the second part of this solution will allow us to do electronic RFIs , RFQs and RFPs , as it actually ties in with RedRock . All processes within one framework reducing the volume of excel spreadsheets and tender documents and paper files .” “ Identifying the right software “ Identifying the right software solution is never an easy task ; ensuring it meets the operations ’ requirements is key . Technology should work for us , and not the other way around ”

LISANNE BOGLE VP of Supply Chain
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