GLANBIA
SUPPLY CHAIN underway , Glanbia is now turning its sights to streamlining and optimizing other facets of its supply chain . “ We are in the late stages of tender for our proposed supplier information management system ( SIM ),” said Weisel , explaining the need for Glanbia to develop a more direct portal for interface between suppliers and the company ’ s procurement and crossfunctional teams . “ We would like to further the supplier performance measurement vision of SIM by bringing together in dedicated supplier dashboards all the pertinent KPIs for that supplier . This will support our SRM efforts for our operations and for customers looking for the whole gamut of information ,” he said .
From specifications and forecasts to invoice submission and order management , additional technology can optimize vital processes by allowing companies and their suppliers to have further insight into available stock and transport and the timing of orders and delivery . A more centralized and automated system can increase transparency internally and with suppliers , thus cutting down on mistakes and lost time related to material orders .
Glanbia looks forward to the integration of this technology as a next step along its road to supply chain optimization .
“ It ’ s more efficient , and it ’ s also a way of getting the right data in the right place at the right time ,” said Weisel . That efficiency translates to savings for Glanbia , suppliers and end customers . The transparency afforded by such an implementation will also strengthen communication and synergy between Glanbia and its suppliers through analytics and performance metrics .
“ The metrics keep suppliers up to date on how they ’ re performing against the average of all our suppliers ,” said Weisel . “ It allows us to segment our suppliers , and it ’ s also a communication portal between the supplier and Glanbia . There are no secrets — they ’ ll know exactly where they stand . I think it will raise expectations for the suppliers and make them better , as well as making us more efficient on invoices .”
A company coming together As Glanbia continues to grow , it is also consolidating . In a bid to further its pursuit of efficiency , the
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