Supplier Performance Management
Supplier Performance Management requires not only a consistent process but also a robust I.T. solution to record and track data, and deliver a strong reporting capability. Supplier Performance Management Solutions can be either stand alone or integrated within a full eSourcing platform.
Typical functionality may include:
• A high level dashboard summarising supplier performance
• The ability to select suppliers for a dashboard based on category grouping, geographical regions etc
• To integrate supplier performance management into an e-RFx or eReverse Auction event and apply a weighting or cost to the existing performance
• Allow vendors to record and input their own data thus saving the client time and effort
• Create key performance indicators for specific category groupings
• A strong reporting capability that allows organisations to report
and identify trends in supplier performance
• Exception reporting when suppliers performance is below an acceptable level
• Provide feedback to suppliers and how their score compares to other suppliers within their specific grouping or across the whole organisation.
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