Supplier Relationship Management
Supplier relationship management (SRM), working towards an effective supplier experience management (SXM). SRM is focused on managing relationships at scale, although the focus here tends to remain on the needs of the enterprise as a customer. Supplier experience management is concerned with a deeper collaboration with suppliers and considering how the entire ecosystem can contribute towards common goals. Regardless of the size of the company, supplier management is vital for any business as they all require multiple suppliers to purchase goods, services, or raw materials, especially as they scale.
“The objective of supplier management is to ensure that all contracts with suppliers support the needs of the business.”
Purchase Order Management
A purchase order (PO) is a commercial document and first official offer issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services. It is used to control the purchasing of products and services from external suppliers.
ERP Sirius +Mobile allows you to make fully informed purchasing decisions by utilising sales, purchasing and stock level data, and updating them in real-time. Purchase orders can have various information attached to them from job number, logistics information, tracking data and an inbound shipping notice.
Supplier Documents
Supplier documents in ERP Sirius are all documents relating to the supplies of products or services within your business. Supplier documents are part of supplier information and these include;
- Supplier Invoices.
- With 3/4-way matching.
- Supplier Payments Receipts
- Supplier Credit Notes.
Financial and operational information on all supplier documents are visible and linked to other modules in ERP Sirius.