Supplier Management
QAD Acquires Allocation Network, Extending Capabilities in Strategic Sourcing and Supplier Management
QAD has acquired Allocation Network GmbH, a best-of-breed solution provider for strategic sourcing and supplier management. Allocation Network has been operating for over 20 years in Munich, Germany, and their solutions are leveraged by customers including BMW, Siemens, Volkswagen, Denso, MAGNA and VOITH.
QAD customers will benefit from an integrated sourcing, supplier management and procurement system that eliminates off-contract buying, increases purchasing power and boosts cost savings. Allocation Network customers will benefit from QAD’s global presence, 24/7 support and portfolio of manufacturing ERP and supply chain solutions that support Adaptive Manufacturing Enterprises and deliver Integrated Supplier Management. The combination of companies will provide customers the agility and innovation needed to rapidly respond to a complex supplier environment while delivering operational and financial efficiencies.
Product and Roadmap Overview
Allocation Network’s solutions will be incorporated within QAD’s Integrated Supplier Management pillar of capabilities. The solution facilitates sourcing and supplier management across all spend categories to ensure optimal supplier selection, accurate supplier performance analysis and reduced material costs. Allocation Network provides a portfolio of strategic sourcing and supplier management solutions that include:
- Supplier Management
- Sourcing
- Collaboration
- Auctions
Business benefits achieved by implementing Allocation Network include:
- Reduced cost of goods sold (COGS) and lower indirect procurement costs
- Boost contract compliance and reduce contract leakage
- Better supplier selection to minimize supply risks
- Increased supplier collaboration and performance
- Enhanced supplier and spend data quality
- Improved efficiency and reduced manually intensive processes