ARC Advisory Group, the leading global research and advisory firm for manufacturing, industry, and infrastructure, announces the release of ARC STAR (Solutions That Accelerate Results), a domain-specific supplier selection service. This on-line, cloud-based, hosted solution provides easy-to-use tools that define a process and selection criteria for making strategic supplier selections. ARC clients can now make use of ARC’s proven supplier selection process, in an on-line, hosted, and guided environment. ARC STAR will be available for most key enterprise, automation, and manufacturing software application areas. At this release, ARC STAR is available for Advanced Process Control (APC), Analytics for Operational Excellence, Batch Control Systems, Collaborative Production Management/MES (for Discrete and Process Industries), and Distributed Control Systems (DCS).
The ARC STAR Supplier Selection Service guides users through a step-by-step process selecting and evaluating suppliers and their products against specific application and cultural requirements. The process guides the user through the project and team definition, reviewing and editing ARC-provided selection criteria and supplier questions, weighing selection criteria, developing a supplier Request for Information (RFI) list, evaluating supplier responses, and developing a final ranking of RFI results. ARC STAR then fully documents the process and results for management review and approval. ARC STAR helps ensure inclusive, fact-based, impartial supplier evaluations and selections, free of the user bias issues that typically hamper these activities. In addition, ARC estimates that ARC STAR can reduce the cost and effort of a supplier selection process by well over 50 percent.
ARC STAR Supplier Selection Service
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