TSMS solution options
TSMS is a scalable and flexible solution
TSMS is a process driven by your procurement policy, and consists of 4 processes, each of which can be tailored and combined in different ways to address your specific challenges.
1. Basic supplier registration - collect basic supplier registration details (contact details, products) via your website.
2. Assess supplier risk - categorise supplier risk and communicate next steps in process. Risk is defined per category and is bespoke per client.
3. Manage supplier risk - collect supplier data in-line with client risk level in order to manage supplier risks using existing risk management services.
4. Interface with client systems - daily interface with back-office systems to keep your data clean and up-to-date. Process designed around client specific requirements.
Meeting your supplier risk management objectives
TSMS can be tailored to meet your company’s needs both now and in the future, keeping you ahead of the game when it comes to supply chain risk.
For instance you can start simply with a basic registration process to capture supplier details in a consistent way, or implement a fully integrated solution with your ERP system(s).