Supplier Management Software

Companies Struggle to Qualify, Approve, and Manage Suppliers and Their Data

Food, beverage, and CPG companies have unique challenges:

FSMA, GFSI, and risk mitigation require manufacturers to collect and review massive amounts of documentation and data for their suppliers and items.
The qualification process for suppliers and items is labor-intensive and inefficient, using outmoded tools such as email and spreadsheets.
Companies have limited visibility into the performance of suppliers and their items.
Suppliers are backlogged and slow to respond to requests, often filling out the same forms and answering the same questions again and again.
When forms are collected, they are filed away and the data cannot be mined for business insights such as risk profiling, trending, and other key information.

Supplier Management Can Fix It

TraceGains Supplier Management streamlines supplier qualification and sourcing by collecting and digitizing supplier documents, extracting the relevant data, and arranging it into performance dashboards and reports. Teams can choose standard or custom dashboards for allergen, organic, country of origin, nutrition, risk analysis, and other mission-critical data. Suppliers receive automatic alerts when documents are missing, incomplete, or about to expire, so everything stays up to date.

Teams connect with suppliers on TraceGains Network and get instant access to the documents and supply chain information they need. On average, companies find 80% of their suppliers already on TraceGains Network, allowing them to instantly connect and collaborate.

Did You Know?
If you own TraceGains Supplier Management, you also own Market Hub? We want to ensure that in addition to better supplier relationships you can also quickly source what you need.

HIGHLIGHT
RISK

Highlights risk by supplier, item, and geography, identifying the most critical threats to the business

CENTRALIZE
DOCUMENTS

Centralizes document management so users can quickly search, filter, and organize

CUT AUDIT
PREP TIME

Cuts audit preparation time from weeks to hours with immediate documentation and data access

FASTER
TIME TO MARKET

Accelerates new product development with faster identification and approval of items and suppliers

DIGITIZE
DOCUMENTS

Digitizes documents for data mining and trend analysis to drive continuous process improvement

INTUITIVE
DASHBOARDS

Empowers everyone in the organization to spot issues and track progress with configurable dashboards

Key Features

RAPID SUPPLIER
ONBOARDING

New suppliers are automatically reminded to submit all required documentation (e.g., annual audits, FDA facility registration number, C-TPAT, kosher, organic, etc.)

EASY SUPPLIER
RE-QUALIFICATION

Suppliers receive automated alerts when documents are about to expire, and reminders can be sent with suppliers fail to respond.

EASIER NUTRITION
LABELING

For customers running both TraceGains and Genesis R&D^®, users can turn on DataLink to sync supplier ingredient information without having to re-enter it manually into Genesis

MANAGE
RISK

Leverage TraceGains advanced risk scoring algorithms or insert custom scoring for suppliers and items to pinpoint risk

AUTOMATE
WORKFLOWS

Documents and reminders go to necessary personnel so activities continue and visibility is maintained

CUSTOMIZE
NOTIFICATIONS

Configure automatic notifications for any supplier-related performance event for both internal and external stakeholders

365 AUDIT
READY^TM

Ensure your business is always audit-ready for GFSI, FSMA, HACCP, or any other audit program with quick access to key documentation

SCORECARD
SUPPLIERS

Scorecard suppliers—with the ability to share results—gain a clear picture of how suppliers perform against business requirements

FORWARD
DOCUMENTS

Rather than emailing customers individually, the system can send requested documentation to multiple customers at once

Supplier Management Now With Market Hub

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Companies Struggle to Qualify, Approve, and Manage Suppliers and Their Data