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    SoftExpert SLM

    Supplier Lifecycle Management

    Strengthen your supply chain relationship

    The Solution – SoftExpert SLM

    SoftExpert SLM provides tools for an organization to manage suppliers throughout the lifecycle of a relationship. It provides a 360° view of the supply chain, allowing relationships to be tracked from initially discovering and qualifying a supplier to performance management, ongoing maintenance and supplier rationalization.

    The solution allows companies to define web portals and configurable forms where suppliers can enter required information on their own, such as products and services, licensing, certifications, financial data, health and safety experience, project history, and personnel qualifications. SoftExpert SLM also helps to identify key suppliers for auditing based on their risk scores and makes it easier to conduct compliance assessments and surveys based on internal policies, laws, regulations, standards and other compliance requirements.

    Supplier Lifecycle Management – SLM

    Read More
    Read More

    Through end-to-end contract management capabilities, SoftExpert Supplier Lifecycle Management generates contract documents from standard templates that are automatically populated with supplier information. Companies can define automated workflows and customize business rules for contract routing and approval, ensuring information is reviewed and approved before any contract award. As a result, companies can manage contracts in a smarter, faster and labor-saving way.

    SoftExpert SLM automates procure-to-pay processes (P2P), from item search to invoice matching and payment authorization, which can be integrated into contract management. Buyers source the right product from the right vendor at the right price and get it faster too, enforcing policy compliance and providing complete visibility and control of the progress of purchase orders at all times. The electronic control of Invoice-to-Pay process optimizes payment schedules, mitigating fraud and avoiding operational errors while increasing process speed and efficiency.

    SoftExpert Supplier Lifecycle Management ensures materials received from suppliers are of the highest possible quality to keep business processes running efficiently. With nonconformance and CAPA resources, the solution allows you to streamline the investigation and resolution processes, so you can address supplier defects before they enter your manufacturing process. Companies can track scores and KPIs to identify trends and changes in supplier performance. The solution allows for benchmarking on supplier improvement over time and identification of the best performers.

    • Supplier Onboarding and Qualification

      Supplier Onboarding and Qualification

    • Contract Lifecycle Management

      Contract Lifecycle Management

    • Purchase Order Request

      Purchase Order Request

    • Invoice to Pay

      Invoice to Pay

    • Quality Inspection

      Quality Inspection

    • Nonconformance

      Nonconformance

    • Risk Assessment

      Risk Assessment

    • Performance Management

      Performance Management

    • Supplier Information Management

      Supplier Information Management

    Main Benefits

    Quickly identifies, evaluates and qualifies new suppliers.

    Reduces the time, effort and paper used to create, manage and monitor contracts.

    Manages supplier risk to streamline how you deal with suppliers across the enterprise.

    Increases visibility of compliance for both regulatory and contractual obligations.

    Improves your suppliers’ quality and delivery performance.

    Ensures precise control of expenses with suppliers.

    Reduces time and costs in performing compliance activities and controls.

    Facilitates supplier compliance with your corporate standards.

    Streamlines the supplier data management process.

    Safeguards brand, reputation and business continuity.

    Resources

    Features

    Process

    Friendly end user tool for process modeling and automation.

    Form

    Fast design of electronic forms integrated into processes and data sources.

    Ishikawa

    Robust cause analysis through automated Ishikawa and other quality tools.

    Risk

    Streamlined risk and compliance assessment providing holistic views of the supply chain.

    Action

    Corrective actions to get underperforming suppliers on the right track.

    Supplier Tracking

    Real-time supplier monitoring through personalized dashboards and scorecards.

    Know some success stories

    More Resources

    See also

    SoftExpert PDM
    SoftExpert Excellence Suite
    SoftExpert EAM
    SoftExpert EQM
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    SoftExpert
    • Products
      • By business needs
        • Overview
        • Business Process Management – BPM
        • Corporate Performance Management – CPM
        • Enterprise Asset Management – EAM
        • Enterprise Content Management – ECM
        • Enterprise Quality Management – EQM
        • Enterprise Risk Management – ERM
        • Environmental, Social and Corporate Governance Management – ESG
        • Governance, Risk and Compliance Management – GRC
        • Human Development Management – HDM
        • Innovation and Change Management – ICM
        • Enterprise Service Management – ESM
        • Product Lifecycle Management – PLM
        • Project and Portfolio Management – PPM
        • Supplier Lifecycle Management – SLM
      • By industry
        • Overview
        • Aerospace and Defense
        • Agribusiness
        • Architecture, Engineering & Construction
        • Automotive
        • Chemicals
        • Consumer Goods
        • Education
        • Energy & Utilities
        • Financial Services
        • Food & Beverage
        • Healthcare
        • High-tech
        • Medical Devices
        • Mining & Metals
        • Pharmaceuticals & Biotechnology
        • Public Sector & Associations
        • Retail
        • Transportation & Logistics
      • By regulation
        • Overview
        • AS9100
        • BPMN
        • BSC
        • CBOK
        • CMMI
        • COBIT
        • COSO
        • FDA 21 CFR Part 11
        • FDA 21 CFR Part 820
        • FSSC 22000
        • GDPR
        • IATF 16949
        • ISO 10015
        • ISO 13485
        • ISO 14000
        • ISO 15189
        • ISO 19011
        • ISO 20000
        • ISO 22000
        • ISO 22301
        • ISO 26000
        • ISO 27001
        • ISO 31000
        • ISO 37001
        • ISO 45001
        • ISO 50001
        • ISO 55000
        • ISO 9000
        • ISO/IEC 17025
        • ISO/TS 14253
        • ITIL
        • OHSAS 18000
        • PMBOK
        • Six Sigma
        • SOX
      • All products
        • Overview
        • Action Plan
        • Analytics
        • APQP-PPAP
        • Archive
        • Asset
        • Audit
        • Calibration
        • Capture
        • Competence
        • Customer
        • Document
        • FMEA
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        • Incident
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        • Kanban
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        • Maintenance
        • Meeting
        • MSA
        • PDM
        • Performance
        • Portfolio
        • Problem
        • Process
        • Project
        • Protocol
        • Request
        • Requirement
        • Risk
        • SPC
        • Storeroom
        • Supply
        • Supplier
        • Survey
        • Time Control
        • Training
        • Workflow
      • SoftExpert Excellence Suite
      • SoftExpert Excellence Suite
    • Services
      • Overview
      • Training
      • Cloud Computing
      • Consulting and Implementation
      • Customization Services
      • Integration
      • Performance Optimization
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    • Company
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