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Aravo Solutions has introduced Aravo SIM 10, the latest version of its software platform for supplier information management. According to the vendor, the product was designed to help global companies gain control over their supply chains, while minimizing the risk of inefficiencies and unanticipated failures. Aravo SIM 10 employs a collaborative self-service model that can be deployed globally. It addresses such issues as functionality, security, reliability and scalability in a single platform. Users get a structured framework for supplier risk assessment and scoring. They can centralize the management of supplier information across regions, divisions and departments. And they can manage all communications and collaboration between suppliers, internal personnel and external service providers such as auditors. SIM 10 captures e-mails, notes, documents and other forms of supplier communications in one place, with audit trails and a data repository. The software integrates with external data-enrichment providers, using batch and real-time Web services interfaces. Expansion features support multinational and multi-business-unit deployments.
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