NEW PRODUCT BRIEF
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SIMON - Supply Information Management Onine
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SIMON is a purchasing and supply management data warehouse that, in conjunction with the appropriate E-Commerce and PDM/PLM software gives timely access to critical supply information. SIMON consolidates world-wide direct material purchasing systems making information available to suppliers and internal supply management and adds workflow capabilities to supply management functions allowing collaboration between a company and its suppliers through advance notification of deviations in design and manufacturing plans.
User Benefits
- Reduction of "maverick" buying and consolidating direct material purchases to approved vendor lists
- Reduction of total size of supply base
- Commodity consolidation
- Reduction in Procurement costs
- Electronic link to core suppliers providing them secure access to drawings, specifications and other
- Pertinent information to improve quality and reduce cost and lead time
- Enhanced supplier relations
- Reduction in the cost of poor quality (COPQ) attributed to supplier related quality issues
- Cost reduction in direct materials
- Eliminate cost and time of overnight shipping drawings and documents to suppliers
- Reliable high quality extranet for 24/7 global access to information from global supply base
- Easy to use and understand in no more than a one hour training session
SIMON provides a secure electronic link to material suppliers and processing facilities, reducing manual procurement efforts and high costs of processing delays and inaccuracies in purchasing.
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