Supplier Management Solution

Supplier Management Solutions are an Essential Piece of Digital Procurement

Build and sustain world-class partnerships with a Supplier Management solution.

Great supplier relationships are about much more than negotiating a contract to secure savings. Nurtured strategically, supplier relationships can become a source of inspiration and innovation. That’s not to mention hard dollar value. Are you optimizing your supplier relationships with a cutting-edge Supplier Management solution?

Features of Supplier Management Solutions

A great Supplier Management Solution ensures you get much more than discounts and deals from your suppliers. Check out just some of the features a world-class solution will arm you with.

Supplier Registration & Administration: Easily transition between supplier relationships with ease and quickly build collaborative partnerships.

• On-Boarding and off-boarding workflow management
• On-board scoring
• Supplier self-service

Supplier Information Management: Ensure your supplier information stays accurate, provides insights, and helps navigate around risks.

• Internal and External Supplier Certification Management
• Supplier Profile Management
• Supplier Portfolio Management

Supplier Risk and Performance Management: Gain full visibility into relevant metrics and KPIs to ensure high-value relationships.

• Supplier Surveys
• Manual and Configured Supplier Scorecarding
• Action Plan Management
• Supplier Rating and Review Workflow

Benefits of Supplier Management Solutions

• Reduced supply and supplier risk
• Visibility into supplier performance
• More accurate, actionable supplier data
• Standardized practices for Supplier Relationship Management
• Clearer, more consistent reporting
• Improved supplier compliance
• Visibility into contracts and agreements
• Better control of spend across the enterprise
• Eliminated maverick purchasing.

Suppliers don’t just provide goods and services. Engaged as strategic partners, they provide what your Procurement needs to build a low-risk supply chain, generate greater value, and distinguish themselves as innovators. Reach out to learn more about how a new Supply Management solution can provide a competitive advantage. We’ll leverage our full suite of digital Procurement resources to help you select the right tool, implement it effectively, carry out change management, and realize a quick, consistent ROI.

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