Supplier Quality

Raw materials and components comprise ~60% to 70% of COGS across many industries. Suppliers have a significant impact on the quality of the finished products, disruptions to manufacturing lines, and consistency of order fulfilment – thus impacting COGS. SQRs are often done offline and do not provide transparency across various parts of the organisation involved in material supply planning. Unavailability of platforms to view batch quality data of supplies before dispatch from the suppliers leads to time consuming Incoming Quality Checks and in case of defects being identified at IQC stage, there is an added complication of delays to the manufacturing line and planning for alternatives.

Stratera provides a robust solution that can…

  • Share, store, and manage quality data and quality certificates with and from suppliers.
  • Prevent defective supplies from being dispatched
    • Preventing time consuming IQC
    • Increasing number of materials which can go DOL
    • Preventing supply shocks due to incoming quality failures
    • Reduce storage space occupied by defective supplies to be returned to the supplier
  • Provide real-time visibility of supply schedules from multiple suppliers, preventing disruptions.
  • Provide traceability of quality issues back to the raw materials and components.
  • Assess and maintain Supplier Quality Ratings online with transparent rating mechanism.

These and many other features ensure businesses can control and/or prevent bad costs pertaining to raw material and components leading to improved supplier management and profitability.