Supply Chain Management or a software tool for traders is built upon supply chain industry best practices and with the knowledge of years of experience, this solutions provides the integration of data related with suppliers, customers, distributors, carriers, partners, and contract manufacturers.
To ensure continuity and minimize the risk of interruptions in supplies, data collection and processing in time is the essence. This fact when combined with the increasingly global nature of today’s business climate, makes supply management am important and daunting task for every trader or organization that procures goods and services and supply them through a chain of customers.
This requires continuous collaboration with purchasing, technical, supply operations, and supplier personnel. Companies must not only minimize the inventory level but also reduce the complexity in their supply chains to maximize margins. Purchasing or procuring procedures need to be streamlined to optimize material costs and enable the timely supply.
Keeping in mind the ground realities, Matrix Supply Chain Management software combines the supplier’s relationship management processes with procurement processes to cut the time delays and functional & geographical limitations.
Matrix Supply Chain Management software enable our clients to react in time to market scenario with great speed. Otherwise it could take very long time to gather information and make decisions for purchases. With Matrix Supply Chain Management software you will be able to make decisions in few moments.
Manage Product Costs
Matrix Supply Chain Management software would allow you to manage the product costs through competitive analysis that this software offers to its users including. The solution enables costs to be loaded in for components and assemblies from various internal or supplier-provided inputs and can perform multi-tier cost roll-up to the final product level. The price elements not only incorporate supplier prices but additional transformation and uplift costs like assembly, contract manufacturing, and other logistics costs etc. This gives its users the ability to view the total product costs with their elements and work out actual costs to meet targets over the final product. Through these processes and the ability to examine and compare prices from various suppliers, users can adjust or vary costs with profit margin, retaining market share and ensuring profitability.
The users can manage the following function with the help of Matrix Supply Chain Management software.