Infor M3 integrates to GT Nexus supply chain network
Enterprise software company Infor recently announced the availability of a standard Infor ION integration between Infor M3 and GT Nexus Order Collaboration.
This integration will better support fashion and distribution companies in sourcing discrete products by providing more visibility and a single version of purchase order information with suppliers.
As an enterprise resource planning (ERP) solution, Infor M3 offers flexibility in operations, technology and scale, and allows firms to adapt to changing business needs and provides flexibility in managing mixed-mode and complex environments. GT Nexus is a supply chain network platform that connects companies to their supply chain partners (such as suppliers, manufacturers, third-party logistics and carriers) to enable visibility, collaboration and automated execution of supply chain processes.
GT Nexus Order Collaboration allows companies that operate globally to better align with suppliers. By integrating GT Nexus Order Collaboration with Infor M3, organisations can instantly connect with suppliers to share, confirm and negotiate purchase orders. In addition, users can track the status of their suppliers' negotiations and confirmations directly on the Infor M3 order screen. By processing purchase orders electronically, it reduces time-to-market and the risk of errors.
"Organisations that closely work with their suppliers, such as fashion brands and retailers, often rely on e-mail, phone calls and spreadsheets passed back and forth to share and negotiate on purchase orders, costing time and effort, and making it very difficult to keep track of changes. In addition, manual processes add latency to the order confirmation and negotiation process, resulting in the ERP being out of sync with the actual terms being executed by the supplier," said Andrew Dalziel, senior director, industry and solution strategy, Infor.
He added with this new integration, users are instantly connected and can streamline the process of sharing information, which is critical in a competitive business environment.