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What is Simmeth?

Supplier Relationship Management (SRM) involves all initiatives focused on optimizing the efficiency, quality, speed, and cost-effectiveness of product development, manufacturing, and distribution through better collaboration with suppliers and their related partners. This concept emphasizes that SRM not only enhances the strategic procurement process but also improves the overall performance of the organization, thereby reinforcing its competitive edge in the market. The benefits of proficient SRM can be seen in faster market entry, greater innovation in both processes and products, reduced expenses, careful selection of suppliers and materials, and a notable reduction in costs associated with failures. Despite these advantages, there are numerous arguments against adopting SRM, often resulting in superficial supplier assessments that merely meet fundamental audit standards. These objections typically stem from operational difficulties, such as a lack of resources regarding expertise, time, budget constraints, technological infrastructure, and manpower. Therefore, it is essential for organizations to understand that the investment in SRM is likely to produce considerable long-term returns that far exceed the initial challenges faced. Ultimately, embracing SRM can transform supplier interactions into strategic partnerships that drive sustained growth and innovation.

What is SBS Vendor Management?

SBS Vendor Management offers an easy-to-use and cost-effective solution for overseeing vendors or suppliers. Users can develop qualification plans, monitor qualification outcomes, and keep an Approved Vendor List (AVL) updated. The system allows for the establishment of criteria needed for selecting, assessing, and re-assessing suppliers. Various reports are available to showcase any deficiencies and gaps in qualifications. Additionally, the software can be deployed either in the cloud or installed locally. This program is particularly beneficial for small businesses aiming to obtain ISO 9001 and AS9100 certifications, ensuring compliance and quality in vendor management. By utilizing this tool, companies can enhance their vendor relationships and streamline their operational processes.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$135
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Simmeth

Date Founded

2002

Company Location

Germany

Company Website

www.simmeth.net/en/strategic-purchasing/supplier-relationship-management/

Company Facts

Organization Name

Sunday Business Systems

Date Founded

2004

Company Location

United States

Company Website

sundaybizsys.com/sbs-vendor-management/

Categories and Features

Supply Chain Management

Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management

Categories and Features

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

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