Supplier Relationship Management

Novosales helps you strengthen your relationships with suppliers and improve your procurement processes to reduce costs and turn suppliers into a competitive advantage. Below is the quick scope.

•    You can carry out an order confirmation check, which allows you to check if ordered items are in stock and you can confirm the sales order or you would like to do fresh sourcing in form of direct purchase or production.
•    Manage the supplier life cycle – right down to authorizing suppliers for certain product categories, such as office supplies – and assigning dates that specify the effective period for purchasing the product category from that supplier.
•    The solution allows you to store supplier information in a single location, facilitating access to information about your suppliers across your network and allows you to compare quotes with other bidders.
•    You can prioritize your suppliers and sources of supply and quota arrangements can be created to efficiently distribute purchases across two or more suppliers or to set fixed sources of supply if you have only one supplier per product.
•    You can maintain information about service agents, such as independent contractors as well as temporary, leased, contract and on-call workers in your supplier base.
•    In addition, the software makes it easy to add, activate remove suppliers from your supply chain even after you have made purchases.