The Key Benefits of Digitizing Vendor Compliance
NGC’s cloud-based Andromeda® Vendor Compliance is a complete solution for evaluating, managing and reporting on all aspects of vendor compliance. The Vendor Management solution streamlines vendor onboarding and oversight with features such as integrated performance analytics, document management and vendor scorecarding/tiering. It provides real-time data for CSR and Good Manufacturing Practices (GMP) audits, environmental assessments (HIGG 3.0), C-TPAT and Restricted Substances Lists (RSLs).
Andromeda Vendor Compliance can help you avoid costly litigation, reduce downstream risks and costs of non-compliance, and win market share by building and maintaining a positive public image.
As part of the Andromeda Cloud Platform, approved vendors are included in your global sourcing strategy when allocating products in our Andromeda PLM solution. When vendors manufacture your products, their performance is monitored in the Andromeda Supply Chain and Andromeda Quality Control solutions. A Scorecard Index is generated based upon their on-time deliveries, completion rate and quality scores.
Centralize vendor information
Evaluate vendor performance
Manage vendor onboarding
Facilitate continuous improvement programs
Manage regulatory compliance
Manage global vendors in one location. Streamline and standardize the process for onboarding new vendors using various workflow and achievement models.
Manage and maintain all vendor compliance documentation, certifications and audits in one location. Receive an alert when documents are set to expire to ensure current compliance.
Schedule onsite inspections in a more efficient manner utilizing the geolocation tool to map all factories by physical location and group by regional clusters.
With all vendor information in one location, you can easily compile and analyze performance statistics related to your global vendors to make better sourcing decisions.
Utilize proactive calendars and alerts to ensure site inspections, audits and corrective action plans are scheduled in a timely manner to ensure and to avoid holding up production.
Generate supplier Scorecards and Report Cards based upon current performance metrics. Stored in the vendor profile, this information is useful when assessing and comparing vendors.