The TrackWise Supplier Quality Management solution increases quality throughout the supply value chain by managing the process of qualifying, selecting, and monitoring suppliers and supply chain partners by offering features such as supplier scorecards, supplier qualification workflows, and tracking systems for supplier non-conformances and resulting actions.
TrackWise supplier qualification process increases efficiency of strategic supplier selection by both tracking and managing the qualification and approval process for potential new suppliers while avoiding redundant evaluations by maintaining complete records of all previous suppliers evaluated for reference across the enterprise. Maintaining this data in a single source to be accessible by all procurement groups within the enterprise enhances the quality and reliability of the supplier base.
The TrackWise supplier nonconformance process ensures all supplier nonconformances are recorded, addressed and appropriate actions are taken by tracking and managing all reported non-conformances, their subsequent investigations, and any resulting actions. By integrating the supplier nonconformances to supplier corrective action requests and subsequent tasks, the closed loop continuity is maintained for effective and efficient handling on all supplier related transactions.
TrackWise Supplier Quality Management is also integrated to provide a cohesive and connected system where the internal procurement, business analysts, product managers and purchasing can view supplier score cards, supplier past performance and handling histories, supplier capability audits, supplier certifications and capacity and costs related to supplier handling of events and nonconformances. The combined picture, together with supplier collaboration, enables your enterprise to develop, maintain and expand strategic suppliers while reducing non-value added efforts and cycle times.