**London**: ComplianceQuest has introduced SupplierQuest, a new AI-driven Supplier Relationship Management solution aimed at transforming how organisations manage supplier relationships, enhancing quality, compliance, and collaboration amidst the complexities of modern supply chains.
ComplianceQuest has announced the launch of SupplierQuest, a new AI-driven Supplier Relationship Management (SRM) solution aimed at revolutionising how organisations manage their supplier relationships, quality, and compliance.
In an increasingly interconnected global economy, suppliers are no longer viewed merely as vendors but as essential partners contributing to supply chain efficiency and innovation. The growing complexity of supply chains has highlighted the challenges businesses face in managing these relationships. Many companies still depend on outdated manual processes or disconnected systems, hampering their ability to efficiently track quality and ensure compliance with industry standards. SupplierQuest seeks to address these issues with advanced technological capabilities.
Atulya Risal, the Chief Technology Officer and Chief Product Officer at ComplianceQuest, stated, “The relationship between companies and their suppliers has fundamentally changed. Organisations are no longer satisfied with reactive, siloed approaches to supplier management.” He further emphasised that SupplierQuest enables companies to communicate with suppliers as effortlessly as they do with their internal teams, facilitating real-time information sharing and collaboration.
SupplierQuest boasts a range of features aimed at improving the management of supplier relationships. Key functionalities include:
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Effective Supplier Relationship Management: Providing tools for managing multi-tier relationships, conducting surveys, and engaging meaningfully with suppliers on a single platform.
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Seamless Qualification & Onboarding: Automating processes such as self-registrations and compliance tracking to help qualified suppliers integrate efficiently.
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Enhanced Supplier Collaboration: Facilitating AI-powered interactions, document exchange, and compliance updates through dedicated supplier portals.
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Comprehensive Supplier Quality Management: Enabling organisations to ensure compliance with quality standards, manage nonconformances, and proactively mitigate risks through AI-driven insights.
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Robust Performance Management: Allowing organisations to track supplier key performance indicators, identify risks, and implement continuous improvements using automated scorecards and predictive analytics.
SupplierQuest is now available for businesses across various sectors that heavily rely on suppliers and are focused on enhancing performance and relationship management.
ComplianceQuest is known for its AI-powered platforms designed to manage product, quality, supplier, and safety processes and claims to help businesses enhance quality, efficiency, and compliance from concept to customer delivery.
Source: Noah Wire Services
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