Description

TraceLink’s Supply Management is a multienterprise application to improve performance and predictability in external material manufacturing and finished goods production ecosystem by digitalizing shared supply chain processes and workflows.

Benefits

Supply Management is designed to close the gap between disparate islands of information, disconnected processes, and uncoordinated cross-company teams struggling to manage the production lifecycle from production order to final product delivery in an outsourced supply ecosystem.

• Improve on-time, in-full delivery results by synchronizing activities and improving coordination between customer and contract partner teams
• Reduce order-to-cash cycle times by reducing delays, streamlining activities, and proactively averting potential exceptions and issues in the production lifecycle
• Reduce operational costs by making human capital resources more efficient
• Ensure material ability and supplier readiness for production start
• Decrease finished goods and intermediate material inventory levels while leaning out safety stock
• Improve collaborative supply planning with supply partners and improve trade partner satisfaction
• Capture more accurate and reliable partner information to inform SOX compliance activities
• Capture key performance indicators to monitor current activities and inform operational excellence programs

Capabilities and Features

Informed by extensive collaboration with brand owners, contract manufacturers, and 3PLs, Supply Management delivers the enhanced visibility, information access, and process management tools needed across the supply ecosystem through purpose-built modular capabilities for:

• Production Tracking
  • Monitor production status and key production milestones throughout the production lifecycle
  • Track materials produced and consumed across products, orders, and partners
  • Digitally exchange and manage production POs and confirmations between customer and contract partners in a shared production operational dashboard
  • Monitor key production milestones and investigate questions or issues through links to related POs, work orders, customer / supplier data, and other key business information
  • Communicate order status, shipment and receipt confirmations, and other key production data to customer and partner stakeholders
• Inventory Monitoring
  • View inventory balances across the partner ecosystem and locations for ingredients, raw materials, WIP, and finished goods
  • View inventory balances by status (on-hand, on-hold, in quality inspection, on-order)
  • Track and monitor both current and historical time series inventory data
  • Reconcile and automate reporting of inventory data between customer and supply partners
• Delivery Tracking
  • Provide shipment notifications and ASNs to suppliers and 3PLs for inbound deliveries, including logistics tracking information
  • Communicate warehouse delivery pick orders to suppliers or 3PLs for outbound deliveries
  • Receive pick / pack confirmation and shipment notifications from partners
  • Monitor daily orders and investigate exceptions to plan
  • Link delivery activities to production orders to close the loop on outsourced production

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