Global expertise for local
capacity
Maxum Tenant uses International experience to build
local capacity
Newly resident at maxum is SRM Technologies, a company
providing systems and processes that focus on supplier
relationship management (SRM). These processes are aimed
at optimising all the processes within the supply chain
from capturing and maintaining supplier data, supplier
performance, strategic sourcing, price negotiation,
contract management, transacting and logistics.
The company's main competency lies in the development
and implementation of SRM strategies and web-based technologies.
They have been particularly successful in the use of
web-based technologies for strategic e-sourcing and
electronic reverse auctions.
Through the use of e-sourcing, companies are able to
support the identification, evaluation and configuration
of optimal groupings of trading partners into a supply
chain network; reducing the strategic sourcing time
by up to 30%. Electronic reverse auctioning involves
suppliers competing in real time and bidding lower as
the auction unfolds. This innovative procurement technique
greatly reduces the time taken to carry out competitive
negotiations, and results in savings averaging 25% across
the enterprise.
SRM Technology's development of a complete supplier
relationship management solution effectively provides
their clients with massive savings that drop down directly
to their bottom line, freeing up vast amounts of time
and money that were previously tied up in the conventional
methods of managing the supply chain. Totally unique
in South Africa, this solution is leading the wave of
SRM as a business concept.
SRM Technologies' CEO, Wilhelm Greyling, brings with
him vast international experience in the discipline
of SRM, which is a fairly new concept in South Africa.
"SRM now is probably where customer relationship
management (CRM) was ten years ago", he says. The
idea now is to develop SRM technologies and business
processes aimed at the local South African market.
The company has also entered into a formal partnership
with Tshwane University of Technology (TUT), who are
developing various supplier relationship management
software applications in partnership with SRM Technologies
at their office space at the Hub. Through this partnership
an agreement has already been reached for SRM Technologies
to assist in TUT's own procurement from January 2006.
It was TUT that introduced the company to The Innovation
Hub and to maxum specifically. Commenting on the Hub
as a home for his company, Greyling says, "This
is the perfect place to be. With all the relevant support
and networking opportunities, the Hub really provides
many value added benefits".
Having travelled extensively abroad, Greyling adds
that he has seen many other organisations based on the
same model as maxum, "but this far exceeds anything
I've seen so far. It is such a professional environment
and situated within what is one of the best and most
successful science parks I've seen", he said.
Greyling's vision is to see SRM Technologies building
a strong international client base and to eventually
become a global leader in supply chain technologies.
Having already helped organisations all over the world
achieve phenomenal cost reductions in their supply chain,
it is a vision that seems to be within reach in the
not too distant future!
For more information on SRM Technologies, contact Wilhelm
Greyling on
+27 12 844 0034.
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