How are suppliers managed in Infor M3?

In Infor M3, suppliers are managed through the Supplier Management module, which enables organizations to systematically evaluate and track supplier performance. This module is designed to enhance supplier relationships by providing tools to assess factors such as pricing, delivery reliability, and product quality.

The Supplier Management module allows businesses to maintain comprehensive profiles for each supplier, fostering better decision-making regarding purchase orders and negotiations. Additionally, it automates various processes associated with supplier evaluation, which leads to increased efficiency and accuracy in supplier management.

Utilizing a dedicated module ensures that businesses can monitor supplier performance consistently and addresses issues proactively, leading to a more robust supply chain operation. Overall, this method embodies a strategic approach to supplier management, focusing on long-term partnerships and procurement efficiency.