Press Release Summary:
- Provides companies to manage current supply chain and rapidly discover new qualified potential suppliers
- Offers assortment of tools to help organizations reduce supply chain risk including supply chain risk management, performance management, and contract management
- Includes software tools and built-in network of pre-qualified suppliers, so companies can instantly discover and qualify new suppliers, eliminating sole-sourcing
Original Press Release:
Warm Commerce Announces New Supply Chain Management Software Platform
Enables companies to reduce costs and risk to successfully manage in today’s challenging market environment
Houston (July 15, 2020) Warm Commerce, a Houston-based Supply Chain software startup, today announced the launch of new Supply Chain management software designed to enable companies to successfully reduce cost and risk to manage through today’s challenging market environment.
94% of Fortune 1000 companies have reported supply chain disruptions from COVID-19 (Accenture) and millions of medium and smaller businesses in the US that don’t have large staffs or haven’t made large investments in procurement systems have suffered dramatically as well.
Originally designed for the oil & gas market, the new Warm Commerce Supply Chain management software provides companies in a variety of industries the visibility and tools required to successfully manage their current supply chain, and rapidly discover new qualified potential suppliers.
“We needed better information about our current suppliers to understand their financial and operational status. We also need to reduce costs for the valves and other items we purchase for our operations” said Luis Rojas, Supply Chain Manager at Diavaz Houston, a diversified Oil & Gas company from Mexico. “The Warm Commerce platform was very easy to use to understand supplier risk and their team helped us quickly lower our costs on the first project we bid using their software.”
The new Supply Chain Management platform offers an assortment of tools to help organizations reduce supply chain risk including supply chain risk management, performance management, contract management, and more. The platform also includes software tools and a built-in network of pre-qualified suppliers, so companies can instantly discover and qualify new suppliers, eliminating sole-sourcing and creating a more competitive market. The company offers services to augment organizations with limited staff.
“Very few companies have the ability to really minimize their costs or understand their supply chain risk”, said Charles Dauber, Warm Commerce CEO. “By providing their workforce with digital tools that are similar to the consumer applications used at home, companies can gain a competitive advantage to better manage through this challenging market environment”
The Warm Commerce platform has over 500 pre-qualified suppliers, 20% of which are diversity-owned businesses, to enable companies to easily implement diversity owned business sourcing initiatives.
The Warm Commerce Supply Chain Management platform is available now. Warm Commerce Supply Chain management software has a range of options and pricing, and suppliers can register for free.