SourceDay

Here’s a real-world example of supplier reliability affecting financial results: Aerospace and defense giant General Dynamics’ Q3 aircraft deliveries were impacted by defective components late in the quarter, according to an Oct. 23 earnings call. The issue prompted the exchange of up to 16 components per aircraft planned for delivery, and the removal and replacement of these components adversely impacted labor costs and schedule. Read the article: https://lnkd.in/eB2sWi5Y And contact us to see how SourceDay can help you avoid similar issues in your own supply chain. #supplierreliability #supplychaindisruptions

Choosing the right materials supplier is key to a sustainable, resilient supply chain. ?? From financial health to technology integration, follow these 10 steps to identify suppliers you can trust. Ready to enhance supplier collaboration? Start with SourceDay! #SupplyChain #SupplierManagement #Procurement #Manufacturing #SupplyChainExcellence #Sourcing

Rocore, a leader in heat exchange products, struggled with late deliveries and inaccurate pricing caused by lack of visibility into purchase orders. The procurement team had to chase PO data from vendors and manually update changes to price, quantity, and lead time in the ERP. Now SourceDay seamlessly integrates with the ERP, keeping PO data up to date. Plus, SourceDay provides all the necessary training for Rocore buyers and suppliers, making the transition simple. “With SourceDay, we have reduced late deliveries, our pricing is much more accurate, and it’s a significant time-saver for our receiving and purchasing departments.” -Tina Grow, IT Director https://lnkd.in/gJiTyH4s #ERPintegration #procurementefficiency #POautomation

Happening this morning. Learn how to trust your Purchasing data again. Register and attend. ?? Register Now at https://lnkd.in/gbQ7UX8j #procurement #supplychain #riskmanagement #webinar #SourceDay #automation #dataaccuracy #pomanagement

If you can't trust the purchasing data in your ERP, register and attend this webinar tomorrow. What You’ll Learn: - Why accurate procurement data is essential for reducing risk and improving decision-making - The hidden risks caused by manual processes, like supplier delays and inaccurate lead times - How Direct Procurement Risk Management ensures timely delivery and prevents production halts - How automating your PO lifecycle ensures real-time data accuracy and reduces disruptions ?? Register Now at https://lnkd.in/gbQ7UX8j #procurement #supplychain #riskmanagement #webinar #SourceDay #automation #dataaccuracy #pomanagement

Inbound supply visibility is critical for manufacturing and distribution supply chain leaders. Yet a mix-and-match of legacy systems, emails and spreadsheets can make it difficult to achieve a holistic view. Our guide to Inbound Supply Chain Visibility for Manufacturers and Distributors explains: ? The benefits of complete inbound supply visibility ? Why real-time data is key to aligning supply with demand timelines ? How SourceDay enables real-time visibility https://lnkd.in/gQfqfdkn #supplychainvisibility #manufacturingsupplychain #inboundsupplychain

Modern supply chains rely on interconnectivity that can be disrupted by anything from human error to severe weather. In part 1 of our Key Supply Chain Success Factors series, we cover how direct procurement risk management empowers businesses to anticipate and resolve potential issues, ensuring smooth operations even in the face of uncertainty. https://lnkd.in/gQZcffR8 #SupplyChain #RiskManagement #DirectProcurement #BusinessResilience

For manufacturers and distributors, identifying reliable suppliers is easier said than done. And it’s certainly not as simple as choosing the cheapest supplier who “appears” to provide the supply you need. That’s why we leveraged our decade of supply chain experience to create our 10-step guide to Identifying Reliable Materials Suppliers—covering everything from requirements to financial stability to ethical and sustainable sourcing. Get the guide: https://lnkd.in/dDX5eghw #manufacturingsuppliers #reliablematerialssuppliers

SourceDay Announces Leadership Changes SourceDay has appointed Michael Miller as our new Chief Executive Officer (CEO) and Fred Brown as Chief Revenue Officer (CRO). This leadership evolution brings together unparalleled expertise in supply chain technology and revenue growth. Michael Miller, who previously served as SourceDay’s COO, brings extensive experience from his time in C-level roles at several tech innovators, including Convey Inc., where he played a pivotal role in its growth and successful acquisition by project44. Fred Brown, with over 20 years in sales leadership, has a proven track record of driving revenue growth, recently scaling Resilinc to a successful acquisition. We extend our deepest gratitude to Tom Kieley, co-founder and former CEO, who has transitioned to a role on the Board of Directors. Under his leadership, SourceDay grew to be a trusted leader in direct procurement risk management, and we look forward to his continued impact in this new capacity. Michael Miller shared, “I am honored to step into the role of CEO at SourceDay. We have a talented team and a strong foundation, and I am excited to lead the organization forward to continue driving exceptional value to our customers and partners.” Please join us in welcoming Michael and Fred to their new roles as we continue our journey of growth and innovation! Read the Announcement: https://bit.ly/4fH8LZX

Direct procurement data accuracy IS all its cracked up to be. Join Us! Webinar: Turning Direct Procurement Data Accuracy into a Competitive Advantage Date: November 20, 2024 Time: 11:00 AM CT What You’ll Learn: - Why accurate procurement data is essential for reducing risk and improving decision-making - The hidden risks caused by manual processes, like supplier delays and inaccurate lead times - How Direct Procurement Risk Management ensures timely delivery and prevents production halts - How automating your PO lifecycle ensures real-time data accuracy and reduces disruptions Don’t miss out on strategies that will transform your procurement operations! ?? Register Now at https://bit.ly/40FnWyx #procurement #supplychain #riskmanagement #webinar #SourceDay #automation #dataaccuracy #pomanagement