Manufacturing journalist, Thomas R. Cutler recently contributed a feature article titled, “Supplier Document Management at the Heart of Automation,”
According to Cutler, “Automation must include the ability to identify riskiest suppliers via a supplier scorecard. Using technologies to determine risk trends for key problems as well as comparing risks across alternate suppliers allows for lean best-practices among all manufacturing operations, especially food and beverage. The risks are many and the ability to quickly discern trouble spots can be accomplished by automatically illuminating suppliers with non-current documentation, highlighting potential supply chain disruptions from missing P.O.s, as well as pinpointing the suppliers and ingredients that are costing money.”
TraceGains, Inc. (www.tracegains.com)
TraceGains is proven to empower people to quickly solve problems, speed audits, and simplify continuous product improvement. From C-level executives to quality and strategic sourcing departments this supplier document management solution simultaneously reduces costs while improving quality – automatically. Food & beverage makers, restaurant chains, nutraceutical manufacturers, and any company challenged with raw material or ingredient variability can benefit from TraceGains’ supplier compliance and supplier impact solutions.
Companies quickly identify how individual suppliers and raw materials affect product outcomes such as customer satisfaction, profitability, yield, and quality. Suppliers are continuously evaluated and rank-ordered on new business-critical KPIs which go way beyond the traditional measures of cost and on-time delivery.
Actionable intelligence is quickly leveraged for supply chain and ingredient optimization. By automatically reducing ingredient variability, finished goods are more easily and cost-effectively produced, while the cost of poor quality is significantly reduced. Charge-backs and stock-outs are kept to a minimum; purchasing and negotiating power with suppliers is increased. Follow TraceGains on Twitter at @tracegains.
Marc Simony, Director of Marketing