Products and Services
Compliance Networks Foundation - Entry Level Supplier Management
Source:
Compliance Networks
Foundation is an On-Demand vendor compliance solution with no hardware or software to purchase or maintain. This solution creates cost recovery via distribution center problem shipments and manual audits with a solution that is limited only by the amount of data provided. Foundation evolves as a customer's vendor compliance program evolves and it is built on the same technology that drives Compliance Networks highly-successful Retail Compliance Solution.
Robust Features:
- Best-in-class Vendor Compliance Optimization (VCO) solution
- Cost recovery creation and dollar calculation derived from customer vendor manual
- E-Mail alerts with supporting documentation and photos for supply chain failures
- Distribution center trouble management system
- Unlimited manual audit entry forms (DCs, corporate offices, 3pls, stores, etc.)
- Vendor analysis and reporting capabilities
- Automated emailing of vendor scorecards
- Automated charge file transmission to accounts payable
- Web portal for compliance activities (Summer 2008)
Big Value for a Low Cost
- Expense control: Vendors are charged with cost recovery for not following requirements
- Behavior change: Vendors begin to follow the rules when failures are brought to their attention
- Improved profitability: Supply chain improves as vendors improve, if vendors do not improve the cost recovery offsets the added expense to do business with them
- Single source, single tenant database for compliance information
- Low risk opportunity delivered in less than 30 days
- Perfect solution to replace Excel or Access based solutions or for introducing a compliance program for the first time
- Limited requirements from customer IT staff
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