JDA Strategic Sourcing can help businesses execute optimal sourcing strategies for each commodity and supplier, reducing both risks and costs. Companies can analyze global demand and spend, inventory availability, supplier capability and performance, supplier risk and allocations, and contract compliance to intelligently manage vendors. This supply management solution can reduce the cost of goods sold, increase productivity and enhance supply predictability.
In today’s business environment, time to market and quality are critical, making it essential to manage supplier performance. JDA Strategic Sourcing provides you with alerts, monitoring and out-of-the-box reports to help your procurement team manage risks stemming from poor supplier performance, contract violations, premature expirations and new usage requirements.
JDA Strategic Sourcing aggregates and analyzes critical sourcing data that is typically buried within multiple systems and that is not structured to reveal buying trends. The solution gathers data from dozens of systems, hundreds of sites and years of buying history. Your buyers can make the best decisions by leveraging financial and operational data, including global usage, supplier capabilities, constraint and contract information, supplier performance metrics and pricing data.
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