Lack of insight renders adverse outcomes
Basing million dollar decisions primarily on the annual review of a Supplier is fraught with risk. Companies that focus only on the basic supply chain measurement of cost to evaluate Suppliers fail to take into account the non-financial aspects such as:
- Customer satisfaction
- Product quality
- Supplier flexibility
- Inventory turnover
- Responsiveness
Reduce Risk and Increase Performance with
Emptoris Supplier Performance Management
Achieving complete and accurate Supplier information is critical to predicting poor performing and unstable Suppliers. Emptoris Supplier Performance Management provides the tools to address both traditional quantitative as well as underlying qualitative factors by enabling companies to leverage Supplier intelligence to determine the root cause of problems before they occur, resulting in prevention of risk and reduction of poor Supplier quality.
Emptoris Supplier Performance Management solution delivers actionable insight into Supplier performance by empowering companies to:
- Utilize surveys to comprehensively evaluate and qualify Suppliers. Uncover hidden opportunities and mitigate potential risk.
- Leverage KPI’s in decision support, RFx’s and auctions to aid sourcing decisions.
- Utilize trend reports to monitor Suppliers overall scorecard or KPI performance. Baseline and goal values quickly visualize performing and non-performing Suppliers.
- Compare KPI scores with contract terms to ensure contract compliance. Ensure that Suppliers live up to contractual terms while providing them with business incentives to continually improve.
- Monitor development projects that include tasks and RFx’s linked to scorecards. Supplier scorecards are tightly integrated into the sourcing process to ensure buyers can easily factor Supplier performance into purchase decisions.
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Emptoris customers have delivered substantial value to their businesses with Emptoris Sourcing. Read about real world examples of how our customers have deployed Emptoris Sourcing to achieve shortened cycle times, better cost performance and greater competitive advantage.
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