Build accountable supplier networks with automated supplier recovery system

Towards resilient partnerships through supplier recovery

In the fast-paced world of manufacturing, the success of warranty functions depends on the performance of suppliers. However, when suppliers fail to deliver, it can lead to major revenue losses. Tavant’s analytics-driven supplier recovery solution is designed to tackle these challenges head-on. We help you define and manage supplier responsibilities, introducing automation to streamline processes and minimize errors.  Our cutting-edge technology automates the recovery process from suppliers, ensuring swift issue resolution and minimal disruptions. With preconfigured supplier contracts and standard Key Performance Indicators (KPIs), you can easily track warranty costs against recovery, optimize your supply chain, and improve operational efficiency. Take control of your supplier management today and unlock new levels of efficiency with our Supplier Recovery Management solution.

Features

Supplier contracts

Record supplier warranty terms and payment agreements for parts provided to enable automated recovery claim generation.

Supplier-OEM part mapping

Maintain part mapping to automate recovery claim creation based on the defined contracts.

Supplier portal

Suppliers have their own portal to access reports, view and action claims, and even manage parts returned directly to them.

Bulk processing

For faster supplier claim submission and processing, the bulk export/import option uses CSV file formatting.

Recovery claims

Automate recovery claim creation based on the defined supplier contracts and improve recovery percentage.

Reporting

Track critical KPIs with easy-to-create and use reporting.

Benefits

Maintain operational clarity

Define contract terms, automate claims recovery, and gain enhanced control of your supply chain

Ensure precision in your supply chain activities

Foster timely collaboration, make informed decisions, and conduct effective part segmentation for returns

Maximize efficiency

Accelerate supplier recovery, streamline sourcing history, automate contract assessments, enhance supplier standards, and minimize rejections

Reduce response time

Make accurate and swift recovery decisions, analyze rejection trends through supplier rejection analytics, and implement effective corrective measures