QAD Tomorrow Thought Stream Identifies Supplier Management Challenges and Provides Best Practices for Optimizing Supply Chains for Efficiency, Agility, and Resilience - Seite 2

Integrated Supplier Management creates value for manufacturers by improving supplier collaboration, enabling optimal sourcing and deploying digital source-to-contract solutions. QAD offers a number of solutions, including QAD Supplier Management, QAD Sourcing, and QAD Supplier Portal, that facilitate real-time communication between manufacturers and suppliers while also eliminating manually intensive processes.

The Integrated Supplier Management Diagnostic Tool

QAD Tomorrow also debuted the Integrated Supplier Management Diagnostic Tool designed to help manufacturing companies measure the state of their current supplier relationships and identify ways to quickly optimize supply chain efficiency, agility, and risk. The 12-question assessment helps customers understand the levers that lead to better supply chain outcomes in the areas of delivery, costs, quality, sustainability, and continuity, and prioritize projects with the highest, most rapid returns.

The results of the Integrated Supplier Management Diagnostic Tool place manufacturers' supplier management capabilities in one of four categories in the Integrated Supplier Management Maturity Model, which can help manufacturing companies begin to answer the following questions:

• Are my company's suppliers ready to respond quickly to and effectively deal with disruption?

• How does my company compare to an Adaptive Manufacturing Enterprise with Integrated Supplier Management?

• What can my company do to enhance supplier relationships to maximize supply chain performance?

About QAD – Enabling the Adaptive Manufacturing Enterprise

QAD Inc. is a leading provider of adaptive, cloud-based enterprise software and services for global manufacturing companies. Global manufacturers face ever-increasing disruption caused by technology-driven innovation and changing consumer preferences. In order to survive and thrive, manufacturers must be able to innovate and change business models at unprecedented rates of speed. QAD calls these companies Adaptive Manufacturing Enterprises. QAD solutions help customers in the automotive, life sciences, consumer products, food and beverage, high tech, and industrial manufacturing industries rapidly adapt to change and innovate for competitive advantage.