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Intelligence-driven supplier management is poised to transform your supply chain, ensuring that you work with suppliers best suited to your needs, at the best price, with corporate values that align with yours. Take advantage of the cloud for a web-based, self-service supplier portal to securely collaborate on all aspects of the buying cycle—including orders, scheduling, and invoices.
Increase efficiency, improve data accuracy, and enforce supplier policies with smart screening and qualifying questions. Better assess supplier risk with validated data sources and real-time signals—including external sources such as news articles and press releases. Drive supplier performance by aligning purchasing mix with supplier capabilities and qualifications.
Send prospective suppliers secured links to collect company data and provided goods/services in structured format. Streamline approval process by automatically routing reviews based on business rules.
Delegate account administration to suppliers. Offer browser-based, self-guided training and help.
Send reminders for certification renewal (such as Small Business Certification and Women owned). Update data to reflect mergers and acquisitions. Maintain an audit trail.
Suppliers share information on social tool, participate in sourcing events, advise changes on quantities and shipments, and manage invoices and payments, all on a secure portal accessible from any devices.
Send qualification questionnaire to identified suppliers. Review, clarify, and evaluate responses. Automatically add the new qualifications to suppliers’ profiles.
Intelligently assess supplier risk using transaction history, validated business data, and real-time signals including news and press releases. Distribute spending based on financial profile and performance such as on time delivery and quality.