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QAD Tomorrow Thought Stream Identifies Supplier Management Challenges and Provides Best Practices for Optimizing Supply Chains for Efficiency, Agility, and Resilience
Integrated Supplier Management Diagnostic Tool helps manufacturers quickly understand the components that lead to better supply chain outcomes
"Supply networks and supplier relationships are complex but increasingly critical to global manufacturing success. Customer demands change, shortages occur, and sometimes ships get stuck in the
QAD Tomorrow streamed globally on
"With disruption affecting manufacturing supply chains worldwide, smart managers have begun to give their relationships with their suppliers the attention they deserve and QAD can provide the tools to help them prepare for change,” said QAD CMO
Integrated Supplier Management
While Tomorrow 2020 introduced QAD's vision for an Adaptive Manufacturing Enterprise, this year's thought stream focused on one of the five crucial capabilities of an Adaptive Manufacturing Enterprise - Integrated Supplier Management - which helps manufacturers rapidly respond to supply disruptions and reduce supply chain risk.
Integrated Supplier Management creates value for manufacturers by improving supplier collaboration, enabling optimal sourcing and deploying digital source-to-contract solutions. QAD offers a number of solutions, including QAD Supplier Management, QAD Sourcing, and QAD Supplier Portal, that facilitate real-time communication between manufacturers and suppliers while also eliminating manually intensive processes.
The Integrated Supplier Management Diagnostic Tool
QAD Tomorrow also debuted the Integrated Supplier Management Diagnostic Tool designed to help manufacturing companies measure the state of their current supplier relationships and identify ways to quickly optimize supply chain efficiency, agility, and risk. The 12-question assessment helps customers understand the levers that lead to better supply chain outcomes in the areas of delivery, costs, quality, sustainability, and continuity, and prioritize projects with the highest, most rapid returns.
The results of the Integrated Supplier Management Diagnostic Tool place manufacturers' supplier management capabilities in one of four categories in the Integrated Supplier Management Maturity Model, which can help manufacturing companies begin to answer the following questions:
• Are my company's suppliers ready to respond quickly to and effectively deal with disruption?
• How does my company compare to an Adaptive Manufacturing Enterprise with Integrated Supplier Management?
• What can my company do to enhance supplier relationships to maximize supply chain performance?
About QAD – Enabling the Adaptive Manufacturing Enterprise
Founded in 1979 and headquartered in
"QAD" is a registered trademark of
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