Simple Solutions That Work! Issue 17

30 Contact: SAHIL SHAH [email protected] of a detailed library for use in developing RFQs for repetitive materials and tasks quickly and efficiently, customized for specific buyer, factory, division and process. All suppliers of these materials are in one company database; therefore, multiple buyers can access them when sending RFQs for like kind materials. Critical to the foundry industry are various supplier certifications that are often required, especially to those serving automotive and aerospace markets. Keeping track of those certifications and knowing when they are out of date, is a daunting task, yet critical for your quality audits and certifications. Now, you can do more than monitor status; standard certification requirements can be picked from the database while new custom requirements can be added to company specific templates for special compliance requirements. If you are still harboring important purchase information in Outlook, individual hard drives, or Excel spreadsheets – you will appreciate the powerful solutions designed for medium-to-smaller foundries about the RFQ process, purchasing, documentation, and supplier management. All this automation in a collaborative environment is designed to speed up your process to properly analyze and award contracts to speed up the delivery of goods, at the right price. The knowledge base is the system—for users to access as they need to make informed decisions. While everyone appreciates the ability to analyze, award quickly and accurately to keep production up and running, many also point to the labor-saving benefits of these purchasing management tools. Most find that fewer people are now needed for the RFQ process as it is less cumbersome. This is quite a benefit in today’s environment where finding qualified people, is more than a little challenging. This advancement allows foundry buyers to focus on making their buying process collaborative, expedient, repetitive, transparent and most importantly efficient.