Challenges of Implementing an ERP

The benefits of ERP systems are numerous. Whether it’s obvious improvements to organization, or slightly more “hidden” advantages like reducing overhead or inspiring more collaboration – if you look for the good stuff, you’ll find it! Every ERP provider is more than ready to give you a list of benefits… But what about the Challenges of Implementing an ERP? Implementing …

Using Data for Effective Supplier Relationship Management

Your new product is  called “Swan”. When you get your supplier’s quote and specifications, they call it “Shane”.  And right from the start, your collaboration on the new product is off on the wrong foot. If your supplier gets a simple name wrong, you’ll be questioning what else they missed. They’re the main manufacturer on your new product, so ensuring …

Key Factors that Improve Supplier Relationship Management

The foundation of a well-equipped hospital is effective supplier relationship management. Solid supplier relationships are best achieved through a combination of automating the procurement process and establishing a bond of trust with key vendors. This winning combination ultimately helps a hospital save money and time by ensuring that supply procurement becomes more proactive as opposed to reactive. Understanding how Automation …

Leveraging PeopleSoft Supplier Relationship Management

In order to leverage PeopleSoft Supplier Relationship Management (SRM) to obtain each benefit, a number of steps must be taken to implement what Oracle terms its “integrated suite of procurement applications.” Streamline Procure-to-Pay Processes: PeopleSoft SRM provides that central knowledge base that is so important, particularly if your organization has merged with others, or has cobbled together legacy systems. So much information stays in …

PeopleSoft Supplier Relationship Management: A Useful Tool with Vulnerabilities to Fix

PeopleSoft ERP software is used by over 1/2 of the Fortune 500 companies and by many others worldwide as well, yet it still has it’s share of vulnerabilities. Because the applications are integrated over all of the business activities across departments, everyone works with the same data and processes. No more information silos! And, when implemented, companies use it to improve …

5 Tips for Great Hospital Supplier Management

When it comes to using your ERP for hospital supplier management, there are some important areas your organization needs to address to effectively increase quality vendor relationships, decrease inventory and supply issues and integrate your supply chain management with the rest of your organization. Addressing the following 5 issues with supply chain relationships can drastically impact your supplier management for good! …

Optimization is Key – How Healthy is Your Hospital Supply Chain?

In the rush to drive down healthcare costs, hospital supply chain optimization can help.  By doing so, hospitals are saving millions of dollars and blazing a new trail in healthcare management.  Through our PeopleSoft operational support, Belmero Inc. identifies ways to optimize hospital supply chains – just one way we typically achieve a 25% reduction in support costs and increase overall productivity for our clients. This May 4th through …

Four Reasons to Integrate Hospital Supplier Management into a Full ERP System

As costs for managing health care facilities continue to escalate, it is more compelling than ever to include Hospital Supplier Management in a fully Integrated Hospital ERP System. There are Four Compelling Reasons why implementing a fully integrated ERP System including Hospital Supplier Management is the right decision for your facility today: Eliminate up to 25% of the support costs associated with maintaining multiple stand alone databases. For …