Supplier Relationship Management (SRM)
Unlocking Procurement Efficiency with HAND’s SRM: Streamlined Solutions for All-round Procurement Digitalization
Build a more compliant, efficient and intelligent digital procurement ecosystem
with transparency of the spending and connect to the right suppliers
At HAND Global Solutions, we are excited to present our advanced Supplier Relationship Management (SRM) System, a transformative solution designed to optimize procurement processes and foster stronger collaborations with suppliers. As a leading provider of procurement solutions, we understand the critical role that suppliers play in the success of businesses, and our SRM system is engineered to streamline supplier management, enhance sourcing capabilities, and drive greater value throughout the entire supply chain with better saving.
Key Features and Benefits
Streamlined Supplier Management for Seamless Success
1. Centralized Supplier Database
Access, manage, and evaluate supplier profiles, contracts, and performance data in one place with single sort of truth. Gain a holistic view of your supplier base to make strategic decisions.
3. Collaborative Supplier Relationships
Foster seamless collaboration with suppliers through our SRM platform. Streamline communication, share vital information, and facilitate feedback for strong, mutually beneficial relationships.
5. End-to-End Procurement Management
Enjoy complete visibility and control over the entire procurement lifecycle, from requisition to payment with cost effective and better spending planning.
7. Compliance and Risk Management
Ensure regulatory compliance and mitigate risks by tracking supplier compliance data, certifications, and performance history.
9. Mobile App Accessibility
Stay connected and manage supplier relationships on the go with our user-friendly mobile app. Approve requisitions, review supplier updates, and track procurement activities anytime, anywhere with better visibility.
2. Intelligent Sourcing and Supplier Discovery
Identify the best suppliers based on criteria like cost, quality, stock level and delivery times. Efficiently source new suppliers and discover opportunities for cost savings and improved seamless integration and generate better relationship.
4. Performance Evaluation and Scorecards
Evaluate supplier performance using predefined metrics and scorecards. Monitor key performance indicators (KPIs) to identify top-performing suppliers and areas for improvement.
6. Streamlined RFx Process
Conduct RFIs, RFPs, and RFQs effortlessly through our user-friendly interface. Accelerate the bid evaluation and award process for faster results.
8. Real-time Analytics and Reporting
Access actionable insights through interactive dashboards and reports. Analyze procurement trends, spending patterns, and supplier performance for informed decision-making.
Production Core Functions
Proven Expertise
With our extensive experience in procurement solutions, we understand the complexities of supplier management, enabling us to deliver tailored and effective solutions to meet your specific needs.
Seamless Integration
Our SRM system seamlessly integrates with your existing procurement ecosystem, ensuring a smooth transition and maximizing the value of your current technology investments with better performance.
Scalable and Customizable
Whether you are a small business or a large enterprise, our SRM system is designed to scale alongside your growth, accommodating your evolving needs. We offer customizable features to align with your unique procurement processes.
Data Security and Compliance
The security of your sensitive information is our top priority. Our SRM system adheres to industry-leading data protection measures to safeguard your data and ensure compliance with data privacy regulations.
