Improved communication with your suppliers throughout the sourcing and product development process is critical to cost reduction. For example, having the ability to understand where supplier costs are coming from with detailed cost breakdown views, you can more easily identify areas of unnecessary costs and work with your suppliers to resolve them.
Siemens PLM Software customer Mercury Marine uses the Teamcenter Direct Materials Sourcing solution to streamline their supplier sourcing and integration processes, leading to reduced new product introduction costs and accelerated time-to-market. As stated by Praveen Sreedhar, Solutions Architect at Mercury PLM Services, “by eliminating custom quoting tools, email-based RFQs and integrating sourcing process within the Mercury Teamcenter system, we were able to unify data sources across multiple functional groups and increase the throughput of early supplier involvement events.” View the Mercury Marine Case Study to gain more insight on how Teamcenter Direct Materials Sourcing helps Mercury Marine to:
With the help of a strong PLM foundation to manage supplier integration, you can streamline your supplier bid processes and meet your sourcing cost objectives. Check out this video on Teamcenter Direct Materials Sourcing for the solution highlights.
Go here for more information on Teamcenter solutions for supplier collaboration.
About the Blogger
Kerri Doyle is a Siemens PLM Software product marketing manager for Teamcenter Product Sustainability, Materials Management, Quality and Supplier Integration solutions. She has been in the PLM industry for more than 20 years.