Managing Suppliers With Manual Processes Is Daunting
Supply chain and production teams are struggling to deliver in a world that demands better, cheaper products. Problems caused by constant supply chain disruptions and increasing margin pressures are exacerbated when coordination with product, sales, and finance takes place across different systems.
Cost Versus Quality
Tradeoffs between the cost and quality of components or suppliers make intelligent sourcing tricky.
Matching Supply and Demand
Order too little of a component and risk lost sales, but order too much and see margins drop.
Lack of Insights
Component availability, obsolescence, and quality are vital to planning but difficult to predict.
Propel Improves Quality and Reduces Cost
Deeper connection and secure collaboration with suppliers helps address supply chain problems quickly and efficiently—before a product is built.
Secure collaboration decreases cost and minimizes the risk of IP theft and the inability to fulfill demand.
Identify the cost, quality, and availability of substitute electrical and mechanical components.
Improve product quality before build with comprehensive supplier quality tracking and controls.
Balance Supply and Demand
Easy connection to ERP systems helps ensure the right components are ordered at the right time.
Identify, evaluate, select, and monitor suppliers to ensure the supply of quality goods and services. Share information and communicate with suppliers using a secure solution that’s accessible anywhere in the world, while mitigating supply chain risk by making informed decisions about electronic and mechanical components before a problem arises.
Secure and maintain compliance with industry and regulatory mandates. Extend compliance processes across product development, go-to-market teams, and suppliers with a single data thread that speeds issue resolution and helps ensure compliance before a product is built.
Create products your customers want by connecting people and teams using a single product data thread from concept to customer. Robust visibility of customer and financial data coupled with automated process flows across all teams ensure that products hit profit margins and are launched on time.
Coordinate between customers, sales, engineering, and product teams to quote and deliver custom products that exceed profit margin targets. Product teams can use existing designs to accelerate development timelines, while access to real-time component cost information allows precise BOM cost roll-ups to ensure quotes meet profitability goals.
Design high-quality products while also acting quickly and decisively to remedy field or customer issues. A single product thread with contextualized collaboration allows quality, service, and engineering teams to design better products, accelerate root cause analyses, and implement fixes faster.