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Last Updated: Friday, April 30, 2010
eRA (i2B Supplier Relationship Management)
eRA (i2B Reverse Auction Sourcing)


i2B electronic Supplier Relationship Management FAQ

 

Electronic Supplier Relationship Management

Frequently Asked Questions



What
is eSRM ?

Which Back-Office Systems can be Integrated?

What are the Procurement Benefits ?

What are the Company Benefits ?

What are the Realistic Savings ?

How much will it Cost ?

How long is a typical Implementation?

 

Download FAQ's in PDF format here

 

 

 

 



What are the Realistic Savings?

The cost of sending out amendments to delivery schedules, purchase orders, quotations and the cost to call off specific items as and when they are required costs (on average) £20 each.

This includes the cost of the employees time spent resending the information, stationery costs, chasing up your suppliers to make sure that they have received the information, and the time spent on the phone to suppliers who are chasing up payment.

This time can be spent more productively and the costs incurred are diminished. Not only are savings made on stationery and postage but benefits are also achieved with improved cash flow, minimised Inventory and zero stock outs.

Also, the system will improve your relationship with your vendors therefore improving vendor delivery and quality. Why not try our online calculator to see how much you can save?