Manage Suppliers
Keep a list of all your suppliers, with a comprehensive view of each supplier’s account.
Maintain a record of purchases and costs for each supplier. Set up and maintain individual supplier currency and price lists.
When new suppliers are added to the system, they are automatically synchronised with Sage 50 accounts, with checks to ensure that duplicate records are not created.
The Suppliers module provides a comprehensive view of a supplier’s account; it maintains a list of suppliers within the system. It is utilized in conjunction with the purchasing module, it maintains a list of purchases and costs for each supplier.
Supplier’s currency, and price lists are all be collated within this module. When new suppliers are added to the system they are automatically synchronised with Sage 50 accounts, with checks to ensure that duplicate records are not created.
Features
✅ Purchasing Integration – The suppliers module works with the purchasing module and maintains a list of purchases and costs for each supplier.
✅ Currency and price lists – Your supplier’s currency and price lists are collated in this module.
✅ Sage 50 Integration – New suppliers are automatically synchronized with Sage 50 Accounts.
Benefits
✅ Reduced costs – There can be significant costs involved in setting up deals with new suppliers, a management programme can eliminate many of those costs.
✅ Increased efficiency – supplier relationship management leads to good , communications. Suppliers gain a more complete understanding of your businesses, and this allows them to meet your needs more effectively. When issues in the ordering process arise, the working relationship between the supplier and your company make such issues easy to resolve.
✅ Price volatility – Customers are susceptible to price increases, nothing concerns consumers more than fluctuations in market prices. By adopting the principles of supplier relationship management, companies can often take advantage of fixed pricing or scaled increases.
✅ Consolidation – Working closely with your supplier helps you to better understand the inner workings of your their business, in some cases, both businesses will be able to adapt their own working practices and operations to better accommodate the other, and that can lead to further efficiencies and operational advantages.
✅ Outsourcing – A successful supplier relationship will often create a trusting partnership between you your supplier. In some cases, this may result in some key activities being transferred to your supplier on a permanent basis.
✅ Improvement of operations – A long-term relationship between you and your supplier allows for the free-flow of feedback and ideas. Over time, this will create a more streamlined, effective supply chain that could have a positive impact on both costs and customer service.
Why Manage Suppliers
The supplier module, which is an essential component of the SAM suite, is critical to the success of any business. By utilising this powerful tool, you can rest assured that you are receiving the highest quality goods and services from your vendors at the most reasonable rates.
Additionally, the supplier module ensures that the company gets the most bang for its buck by thoroughly vetting vendors to ensure they are trustworthy, productive, and cost-effective. In short, the supplier module is an indispensable asset for any business looking to thrive in today’s competitive marketplace.
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