{"id":308,"date":"2025-09-18T11:38:21","date_gmt":"2025-09-18T11:38:21","guid":{"rendered":"https:\/\/drl.com.pk\/?page_id=308"},"modified":"2025-10-01T10:18:13","modified_gmt":"2025-10-01T10:18:13","slug":"supplier-portal","status":"publish","type":"page","link":"https:\/\/drl.com.pk\/?page_id=308","title":{"rendered":"Supplier Portal"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

Supplier Portal<\/h3>\n\n\n\n

Leveraging Portals to Increase Visibility, Extend Collaboration and Improve Materials Management<\/strong><\/p>\n\n\n\n

Many supply chains do not perform as expected because manufacturers and their suppliers are disconnected: changes in demand are slow to filter down from manufacturers and changes in supply are slow to percolate up from suppliers. Manufacturers can be forced to expedite supply orders and carry excess inventory, while suppliers struggle constantly to adjust production to changing demands from the manufacturers. Both manufacturers and their suppliers need a tool that helps them increase visibility, extend collaboration and improve materials management.<\/em><\/p>\n\n\n\n

HoneycombERP\u00ae<\/em> Supplier Portal is a real-time, browser-based solution that enables manufacturers to meet customer demand and reduce costs by enhancing collaborations, visibility and communication with suppliers. The solution provides a synchronized, real-time view of order and material management activities, thus ensuring that the entire supply chain is working with the most current information.<\/em><\/p>\n\n\n\n

Module Features<\/h3>\n\n\n\n
    \n
  • Secure Web-based Supplier Interaction<\/li>\n\n\n\n
  • Instant Quotes Against RFQs<\/li>\n\n\n\n
  • Comprehensive PO Management<\/li>\n\n\n\n
  • PO Order & Delivery Status<\/li>\n\n\n\n
  • Monitor Delivery Acceptance<\/li>\n\n\n\n
  • Monitor Invoice & Payment Status<\/li>\n\n\n\n
  • Monitoring of Supplier Ledger<\/li>\n<\/ul>\n\n\n\n

    Secure Web-based Supplier Interaction<\/h3>\n\n\n\n

    Supplier Portal is a centralized portal solution for managing all supplier interactions. As a web\u2013based, easy\u2013to\u2013use, it provides suppliers self\u2013service profile and catalog administration, visibility to purchasing transactions and invoicing, and the ability to initiate an inquiry or transactions such as a purchase order, Request for quotation or invoicing.<\/p>\n\n\n\n

    HoneycombERP<\/em>\u00ae Supplier Portal is a real-time, browser-based solution that enables manufacturers to meet customer demand and reduce costs by enhancing collaborations, visibility and communication with suppliers. The solution provides a synchronized, real-time view of order and material management activities, thus ensuring that the entire supply chain is working with the most current information.<\/p>\n\n\n\n

    Instant Quotes Against RFQs<\/h3>\n\n\n\n
    \"\"<\/figure>\n\n\n\n
     <\/td>Supplier Management<\/td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Visibility and Control Over Your Suppliers and Inventory<\/strong><\/p>\n\n\n\n

    <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Your supply chain does not stop at your delivery docks and neither should your ERP system. To synchronize supply with demand, you must pass forecast and order information on to your suppliers, strengthen and automate business processes, and coordinate the complex flow of materials from suppliers to your facilities.<\/em><\/p>\n\n\n\n

    HoneycombERP\u00ae<\/em> Supplier Management business benefits include:<\/p>\n\n\n\n

      \n
    • Reduced inventory levels and costs<\/li>\n\n\n\n
    • Lowered procurement costs through aggregated purchases and negotiated contracts<\/li>\n\n\n\n
    • Automated procurement processes<\/li>\n\n\n\n
    • Improved responsiveness by compressing lead times<\/li>\n<\/ul>\n\n\n\n

      HoneycombERP\u00ae<\/em> Supplier Management helps you to manage your suppliers, control inventory levels, and improve supplier relationships. The solution supports the entire procurement process including developing and executing supplier contracts, managing purchase orders, coordinating supplier shipments, and executing outsourcing strategies. HoneycombERP<\/em>\u00ae<\/em> Supplier Management provides you with visibility and control over the financial impact of your purchasing decisions and supports a wide range of procurement strategies including centralized\/decentralized and global supplier networks.<\/p>\n\n\n\n

      HoneycombERP\u00ae<\/em> Supplier Management helps control inventory levels and match supply with demand, by negotiating contracts with committed pricing and flexible delivery schedules. The solution balances purchases across multiple suppliers and tracks order status and supplier progress against contracts.<\/p>\n\n\n\n

      The solution also allows you to analyze supplier performance for cost, quality, and on-time delivery so you can continually improve your performance. In addition, HoneycombERP\u00ae<\/em> supports your outsourced manufacturing initiatives, which enables you to control supplier inventory, including consigned inventory, as if they were located in your own facilities.<\/p>\n\n\n\n

      The Newest Addition to <\/em>HoneycombERP\u00ae<\/em> Supplier Management: The Supplier Portal.<\/em><\/p>\n\n\n\n

      Many supply chains do not perform as expected because manufacturers and their suppliers are disconnected. Changes in demand are slow to filter down from manufacturers and changes in supply are slow to percolate up from suppliers.<\/p>\n\n\n\n

      The result is a supply chain disaster: manufacturers are forced to expedite supply orders and carry excess inventory to meet promised delivery dates; suppliers constantly struggle to adjust their production to hit manufacturer\u2019s changing demand.<\/p>\n\n\n\n

      HoneycombERP\u00ae<\/em> Supplier Portal is a real-time, browser-based solution that enables manufacturers to meet customer demand more effectively and reduce costs by improving the level of collaboration, information visibility, and communication with suppliers. The portal provides manufacturers and suppliers with a unified, up-to-the-second view of critical order and material management activities to ensure their entire extended supply chain is working off of the very best possible information.<\/p>\n\n\n\n

       <\/td>Module Features<\/td> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
      \n
      \n
        \n
      • Supplier Registration<\/li>\n\n\n\n
      • Supplier Categories<\/li>\n\n\n\n
      • Engagement Terms<\/li>\n\n\n\n
      • Association of Items & Prices with Supplier<\/li>\n<\/ul>\n<\/div>\n\n\n\n
        \n
          \n
        • Payment \/Delivery Terms<\/li>\n\n\n\n
        • Lead Times<\/li>\n\n\n\n
        • Performance Monitoring<\/li>\n\n\n\n
        • Evaluation & Grading<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n

          Supplier Registration<\/h3>\n\n\n\n

          Supplier registration is the process of collecting key information from outside supplier of goods and services and entering that information into a system to manage the relationship. Registration is used as a threshold requirement to separate vendors who are eligible suppliers and those who are not. Suppliers are an integral link in the supply chain and require management. As an outside party, a vendor has to be vetted to establish qualifications and experience before he can be considered a reliable supplier.<\/p>\n\n\n\n

          HoneycombERP<\/em>\u00ae Supplier Management business benefits include:<\/p>\n\n\n\n

            \n
          • General Information of Supplier<\/li>\n\n\n\n
          • Contact Information<\/li>\n\n\n\n
          • Supplier Types<\/li>\n\n\n\n
          • Payment Methods<\/li>\n<\/ul>\n\n\n\n

            Supplier Categories<\/h3>\n\n\n\n

            Suppliers of a similar type can be grouped together using Supplier Categories. All Suppliers of the same Category can be given the same default Creditor Account, saving you the work of having to specify this for all Suppliers individually.<\/p>\n\n\n\n

            In HoneycombERP<\/em>\u00ae you can create as many categories as you may have required for your organization in simple few simple steps with complete reporting capability based on the supplier categories.<\/p>\n\n\n\n

            Engagement Terms<\/h3>\n\n\n\n

            In today\u2019s global business environment, success depends more than ever on supplier relationships: how effectively companies select their suppliers and then manage, measure, and grow those relationships. Indeed, the bond between buyers and suppliers is so important that \u201crelationship\u201d may be too weak a word; the successful ones are more like collaborative partnerships in which suppliers help their customers achieve their business objectives.<\/p>\n\n\n\n

            Thus, to achieve a collaborative partnership you must first design (or redesign) your engagement terms with suppliers to build on your strengths and achieve your business objectives.<\/p>\n\n\n\n

            HoneycombERP<\/em>\u00ae helps you to manage your engagement terms with your suppliers with an option to change or change any engagement term as may be required.<\/p>\n\n\n\n

            Association of Items & Prices with Supplier<\/h3>\n\n\n\n

            Association of items & prices with supplier is a process in which certain items and price levels are linked with supplier. Once you have established the relationship between items, prices and suppliers then in subsequent transitions on selection of supplier items and its prices associated with it are automatically appears which saves time.<\/p>\n\n\n\n

            HoneycombERP<\/em>\u00ae provides you to manage your engagement terms with your suppliers with an option to change or update any engagement term as may be required.<\/p>\n\n\n\n

            Payment \/Delivery Terms<\/h3>\n\n\n\n

            HoneycombERP\u00ae enables you to associate payment delivery terms with purchase orders and then calculate payments carrying the specified order\/shipment.<\/p>\n\n\n\n

            Lead Times<\/h3>\n\n\n\n

            Order deliveries always require some time to process order. You need to keep track of lead times in order delivery for a smooth processing. HoneycombERP\u00ae helps you manage lead times in order processing and keep you informed of the order status with respect to lead time calculations.<\/p>\n\n\n\n

            Performance Monitoring<\/h3>\n\n\n\n

            The Accurate and up-to-date supplier information for all your trading partnerships, readily accessible across your organization. That\u2019s what you need to manage supplier performance and risk. The thing is, without the help of technology you\u2019ll have a hard time getting your hands on it. Because you\u2019re managing hundreds \u2013 if not thousands \u2013 of relationships, with new suppliers in the Networked Economy coming online every day.<\/p>\n\n\n\n

            HoneycombERP\u00ae<\/em> can help:<\/p>\n\n\n\n

              \n
            • View up-to-date profiles of all your suppliers<\/li>\n\n\n\n
            • Monitor and manage supplier performance<\/li>\n\n\n\n
            • Assess compliance and manage supply risk<\/li>\n\n\n\n
            • Quickly identify and assess new sources of supply<\/li>\n\n\n\n
            • Easily on-board new suppliers<\/li>\n<\/ul>\n\n\n\n

              Evaluation & Grading<\/h3>\n\n\n\n

              You can grade material according to the supplier history. HoneycombERP\u00ae\u2019s<\/em> evaluation and grading feature helps you record history of suppliers and materials provided them. On the basis of grading criteria, you can save your time assessing received material and directly storing it into your stores. Evaluation and grading can later on be done and updated during quality check of material.<\/p>\n\n\n\n

              provides:<\/p>\n\n\n\n

                \n
              • Transmission of Request for Quotations<\/li>\n\n\n\n
              • Functionality to receive,<\/li>\n\n\n\n
              • Download<\/li>\n<\/ul>\n\n\n\n

                Take action by accepting to quote or decline the request.<\/p>\n\n\n\n

                Comprehensive PO Management<\/h3>\n\n\n\n

                Quickly access your purchase order data. You can received and acknowledge purchase order and view purchase order listing, raise and communicated with our buyer for any concern related to any PO.<\/p>\n\n\n\n

                PO Order & Delivery Status<\/h3>\n\n\n\n

                HoneycombERP\u00ae<\/em> Supplier Portal helps manufacturers and their suppliers streamline shipping and materials receipts in a number of ways:<\/p>\n\n\n\n

                  \n
                • Eliminate discrepancies between ordered and received items<\/li>\n\n\n\n
                • Prevent early shipments from suppliers<\/li>\n\n\n\n
                • Reduce excess inventory levels<\/li>\n\n\n\n
                • Eliminate unexpected receipts, such as late, partial and unknown shipments<\/li>\n\n\n\n
                • Accelerates material receipt processes<\/li>\n\n\n\n
                • Eliminates material receipt data entry errors<\/li>\n<\/ul>\n\n\n\n

                  Monitor Delivery Acceptance<\/h3>\n\n\n\n

                  Delivery performance is monitored mainly using the broken promises measurement. A broken promise is defined as goods receipt deviating from agreed date, or if quantity is different from agreed.<\/p>\n\n\n\n

                  HoneycombERP\u00ae<\/em> Supplier Portal enables supplies to split deliveries when they cannot completely fulfill an order by the required date. Suppliers can split the order to satisfy demand by delivering a partial order immediately and then providing the balance at a later date. Manufacturers instantly see this and are able to incorporate it into production plans.<\/p>\n\n\n\n

                  Monitor Invoice & Payment Status<\/h3>\n\n\n\n

                  By implementing a comprehensive web based Supplier Portal solution, companies can increase control over the entire payables process from invoice receipt and approver responsiveness through invoice processing productivity and payment.<\/p>\n\n\n\n

                  HoneycombERP\u00ae<\/em> Supplier Portal delivers the benefits of configurable invoice approval routing and automated three-way invoice matching with status, while eliminating the hassle of managing paper-based invoices.<\/p>\n\n\n\n

                  Monitoring of Supplier Ledger<\/h3>\n\n\n\n

                  Accounts Payable Departments can significantly reduce the time AP staff has to spend responding to vendor inquiries and internal departmental questions by using HoneycombERP\u00ae<\/em> Supplier Portal\u2019s self-service supplier invoicing portal. Authorized vendors can log in securely to HoneycombERP\u00ae<\/em> to submit their invoices and view invoice status or payment information.<\/p>\n\n\n\n

                  The supplier portal allows vendors to access information online 24\/7, without taking up valuable AP staff time. The supplier invoicing portal presents only the relevant information AP Departments choose to display.<\/p>\n","protected":false},"excerpt":{"rendered":"

                  Supplier Portal Leveraging Portals to Increase Visibility, Extend Collaboration and Improve Materials Management Many supply chains do not perform as expected because manufacturers and their suppliers are disconnected: changes in demand are slow to filter down from manufacturers and changes in supply are slow to percolate up from suppliers. Manufacturers […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","footnotes":""},"class_list":["post-308","page","type-page","status-publish","hentry"],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"hestia-blog":false},"uagb_author_info":{"display_name":"root","author_link":"https:\/\/drl.com.pk\/?author=1"},"uagb_comment_info":0,"uagb_excerpt":"Supplier Portal Leveraging Portals to Increase Visibility, Extend Collaboration and Improve Materials Management Many supply chains do not perform as expected because manufacturers and their suppliers are disconnected: changes in demand are slow to filter down from manufacturers and changes in supply are slow to percolate up from suppliers. Manufacturers […]","_links":{"self":[{"href":"https:\/\/drl.com.pk\/index.php?rest_route=\/wp\/v2\/pages\/308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drl.com.pk\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/drl.com.pk\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/drl.com.pk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drl.com.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=308"}],"version-history":[{"count":0,"href":"https:\/\/drl.com.pk\/index.php?rest_route=\/wp\/v2\/pages\/308\/revisions"}],"wp:attachment":[{"href":"https:\/\/drl.com.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}