Virtual Supplier Master

With a large and increasingly global supply base and supplier data scattered across disparate and diverse systems, companies are often overwhelmed with the management of supplier information and applying this information to mitigating risks and achieving greater value for the organization.

Emptoris Virtual Supply Master (VSM) is a global master repository for your supplier information with powerful and flexible supplier search and discovery capabilities. The solution, which complements any Master Data Management (MDM) system, allows your organization to integrate with preferred third-party content providers and provides the ability to easily aggregate, maintain and manage supplier data and intelligence. By identifying and cross-referencing records from different sources to build complete and accurate supplier master profiles, Emptoris VSM eliminates confusion, inconsistency and errors related to supplier data—and ensures informed decisions on the supplier base.

Emptoris Virtual Supplier Master enables:

• Increased Supplier Visibility – Emptoris VSM provides your organization with greater visibility, analysis and reporting on supplier data and suppliers across your entire business. By unifying all activity with a supplier, across geographic regions and business units, category managers are able to negotiate the best savings and contract terms, and ensure preferred relationships are developed with the right suppliers.
• Compliance and Mitigate Risk – Emptoris VSM makes it easier for your organization to ensure transparency in its global supplier, sourcing and contracting processes—and enforce and demonstrate compliance with all internal and external requirements. Emptoris VSM also helps avoid supply risk and disruption, and maintain brand image, by enabling closer and more proactive monitoring of supplier operations and performance.
• Improved Productivity – Emptoris VSM makes your procurement team more effective by streamlining and automating business processes and providing actionable supplier intelligence to enable optimal decision making. Emptoris VSM also simplifies and automates the process of discovering and on-boarding new suppliers.

Powerful Capabilities to Manage and Leverage Supplier Intelligence

Emptoris VSM processes supplier data inputs from multiple sources including Emptoris Supplier Lifecycle Management, ERP systems and external data service provider to build a dynamic configurable master supplier record. Configurable data fields allow Emptoris VSM to manage critical non-ERP data such as performance and risk, diversity status, CSR records, etc. The Emptoris Virtual Supplier Master (VSM) includes:

• Supplier Discovery – Emptoris VSM supports powerful external search capabilities for new suppliers utilizing external data services. The same capability can be used to retrieve external data to enrich existing supplier data.
• Supplier Search – Emptoris VSM supports search across supplier records using configurable intelligent and flexible search algorithms.
• Category Data Management – Emptoris VSM maintains a master category reference tree that allocates all categories a unique global category ID that can be used throughout the Emptoris suite.

Take Control of Your Supplier Intelligence with Emptoris Virtual Supplier Master