What is meant by Supplier assortments?
The term "supplier assortments" refers to the entirety of products or services offered by a supplier. These typically encompass a variety of items or service offerings that can be sourced by a company to support its own production or business processes.
Typical software functions in the area of "supplier assortments":
- Product catalog: Management and maintenance of a comprehensive catalog of all products or services offered by the supplier.
- Price management: Setting and updating prices for each product in the assortment.
- Inventory management: Monitoring and managing availability and stock levels of products.
- Order processing: Processing and tracking orders for products from the supplier assortment.
- Supplier evaluation: Evaluating supplier performance based on factors such as delivery reliability and product quality.
- Interface integration: Integrating supplier assortments into internal systems such as ERP (Enterprise Resource Planning) or procurement platforms.
- Search and filtering capabilities: Features for quick search and filtering of specific products within the assortment.
- Contract management: Managing contract terms and durations for collaboration with suppliers.