Setting up contracts with suppliers is not a one size fits all proposition.Considerations such as how contracts are awarded, to who owns the risk of obsolete product to how commodities are hedged will vary from supplier to supplier and from brand to brand. Traditional systems suffer because these agreed upon written terms exist in one place, while the actual execution to the contract is not connected restulting in time and money wasted.
SCA’s Vendor-Customer Contract module, helps our customers:
- Set up and manage contracts at detailed level
- Track contract details from setup to expiry
- Update prices and reconcile theses prices to the contract
- Standardize the process across suppliers
- Have full visibility into contract compliance
Our customers:
- Improve food and paper costs with full contract compliance
- Eliminate price variance by reconciling contracts with actuals
- Manage market risk in alignment with contracts