| Global Sourcing Challenges and Solutions |
| Global procurement organizations are continuously tasked with sourcing raw materials and new products to ensure product lines remain competitive in the marketplace. With multiple product lines and changing customer demands, the sourcing and production phases within the product lifecycle require close collaboration between companies and their suppliers.
In today’s highly competitive and fast-paced business environment, global sourcing has become an inherent strategy for companies to excel in the marketplace. By improving the supplier selection and management process, along with proactively identifying production and supply disruptions, companies can improve supplier performance and accelerate time-to-market. With consistent and timely access to supplier information, the production of finished goods is streamlined with the ability to fully track orders and identify material delays. To achieve global sourcing objectives, companies require complete access to costing and production information, along with more efficient collaboration with their product and raw material suppliers. Amber Road’s Global Sourcing solution takes all international sourcing factors into consideration for procurement organizations. Through integration to line and merchandise planning, enterprise resource planning (ERP) and other external systems, Amber Road improves operational productivity by consolidating order data and streamlining all functional areas across the entire sourcing ecosystem. With these capabilities, organizations are ensured of reducing risks, costs, errors and delays in the sourcing process. |