Automated RFQ Management
Buyers created RFQs specifying requirements, uploaded CAD files, and selected qualified suppliers from categorized database. System automatically distributed to supplier portals with quote deadlines. Suppliers submitted electronic quotes with line-item pricing. Side-by-side comparison tool enabled fast evaluation. Quote cycle time dropped from 14 days to 3 days.
Vendor Performance Scorecards
System tracked quality (defect rates, PPM), delivery (on-time %, lead time adherence), pricing (cost trends, quote competitiveness), and responsiveness (quote turnaround, issue resolution). Automated monthly scorecards sent to suppliers with improvement targets. Top performers received preferential RFQ distribution. Poor performers entered corrective action programs. Defect rates dropped 58% through data-driven supplier development.