‘SRM SaaS’ presented at Gartner Supply Chain Symposium
Support purchasing activities from new product development to partner management
▲Samsung SDS announced on the 9th that it participated in the Gartner Supply Chain Symposium·Xpo 2024 conference held in Florida, USA and introduced its purchasing supply chain management solution ‘SRM (Procurement Supply Chain Management) SaaS (Software as a Service)’. (Photo provided by Samsung SDS)
Samsung SDS announced on the 9th that it participated in the Gartner Supply Chain Symposium·Xpo 2024 conference held in Florida, USA and introduced its purchasing supply chain management solution ‘SRM (Procurement Supply Chain Management) SaaS (Software as a Service)’. The Gartner Supply Chain Symposium/Expo is an event attended by more than 100 companies and 3,800 experts from around the world.
SRM is a solution that supports the effective purchase of items necessary for corporate activities, such as materials, parts, personnel, and services required for product production. We support all areas from partner discovery and collaboration to evaluation, procurement planning, and risk management.
At the event held from the 6th to the 8th, Samsung SDS introduced Emro, a domestic artificial intelligence (AI)-based supply chain management software company, and SRM SaaS solution.
SRM SaaS has particular strengths in the field of direct purchasing. We manage all areas of purchase through AI technology. Part costs can be predicted and simulated from the new product development stage using cost prediction and similarity analysis algorithms. Target cost management by product and organization is also possible. At the product mass production stage, optimized purchasing activities are supported in terms of cost, quality, and partner management in connection with supply chain planning.
“We are currently actively pursuing business targeting the automotive and high-tech industries in North America,” said Song Hae-gu, Vice President and Head of Solution Business Division. “As the outstanding technology and business competitiveness of the SRM SaaS solution were recognized at this symposium, it will be recognized as a global leading solution.” “We plan to grow,” he said.