MCMS is a knowledge-based purchasing system designed to help reduce costs through better purchasing practices and heightened visibility of material cost performance. MCMS enables manufacturing companies to increase their material cost knowledge by obtaining, analyzing and optimizing detailed cost-driver information on purchases. It combines this information with cost and receiving data from existing enterprise systems. As a result, MCMS provides customers with:
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Up-to-date status of key metrics that drive their material costs and measure supplier performance
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Customized desk-top reporting that places complete information at decision-makers’ fingertips
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Drill down capabilities that enable employees to quickly identify and act upon opportunities and issues
MCMS increases customer profits through:
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Faster sourcing cycle
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Improved cost control
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Reduced clerical work
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Enhanced communication between stakeholders
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Economical SOX compliance
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Improved supplier performance
MCMS can be purchased and installed in customers’ current systems environment, or it is offered as a hosted, Internet-based solution. Both options provide customers with a fast, low cost deployment and rapid improvement in materials cost control.
For quickest installation, customers can use MCMS as a stand-alone purchasing system. Alternately, the system’s full functionality can be obtained by combining its purchasing information with existing ERP data through simple upload programs.
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