Achieving Operational Excellence through Seamless Procurement Execution and Supplier Lifecycle Management
Samsung SDS SRM is global SaaS Procurement and SRM solutions that achieves operational excellence through seamless procurement execution and supplier lifecycle management. Driven by cutting-edge AI technology, Samsung SDS SRM delivers cost savings, operational efficiency, and seamless execution of your procurement process.
Enhance Transparency, Drive Competitiveness, and Navigate Market Uncertainty
Benefits
Architecture
Our unified solution can streamline operations since all the data and systems are integrated in one platform and also provide holistic insight from having the entire supply chain visibility.
Components
Key Features
Streamline and optimize processes from supply chain planning to procurement executions by integrating siloed operations. Integrated data enables all the stakeholders to share a unified view and effectively eliminate communication errors. Enhance visibility on the total landed cost throughout the entire supply chain by expanding from 'Procure to Pay' to 'Planning to Pay' to respond to complex supply chain risks with shorter lead-times.
Optimize direct procurement processing automation with seamless integration of BOM based planning. Manage production costs from new product planning and development stages and continuously optimize PO processing with solid preparation of cost targeting, cost simulation, sourcing to contract, seamless supplier collaboration throughout the entire manufacturing phase.
Experience proven technical capabilities with 8 patented AI/ML algorithms and proven use cases to create innovative digital transformation values with various industry leading clients. AI-powered data analyzers fosters agile decision-making capabilities for cost-effective procurement.
Enhance and extend Auto PO processing by Auto PO item recommendation, Unit price contract and unit price adequacy check. The engine discovers hidden Auto-PO items. Formula-based contract enables applying Auto-PO for items with price volatility and unit price tables are continuously monitored and optimized to prevent Auto-PO error rates.
Provide an item master total life-cycle management solution from new item registration to item master maintenance, enabling high-level data quality management based on AI technologies. The engine checks duplication or similarity when registering a new item. Periodic similarity analysis and always-on monitoring of all items help reducing purchasing errors.
Use Cases
FAQ
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We offer a SaaS service for all phases of procurement and SRM, including Procure to Pay, Source to Contract, Supplier Management, Spend Management, and NPI.
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It can be used in a web environment without restrictions from other regions or countries.
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The solution provides user convenience, efficient and transparent purchasing, systematic supplier management, and information visibility.
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For user-specific tasks and log management, duplicate logins are not allowed.
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This system allows users to upload contracts written offline to the system to proceed with electronic contracts, and also manage contracts that have already been completed by uploading them to the system.
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The PR (Purchasing Request), PO (Purchase Order), item data, supplier account information, and unit price information are mainly interfaced, and corresponding data can be given or received depending on the situation.
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Multilingual functionality is supported by the solution, which makes adding and managing more languages simple. Users can also apply other currencies, exchange rates, and time zones.
Whether you’re looking for a specific business solution or just need some questions answered, we’re here to help