Supplier Management

Whether you’re managing direct or indirect suppliers in any line of business it is important to minimize manual efforts and centralize data collection. Performitiv’s performance improvement software helps supplier relationship managers (SRMs) gather feedback, KPIs, and risk scores while also managing contracts, documents and action plans with workflow automation thereby increasing efficiency and creating accountability and compliance in this function.

Functions:

We help measure, communicate and improve performance of

  • Direct supplier relationships (ex. raw materials, logistics etc)
  • Indirect supplier relationships (ex. G&A functions)
  • Suppliers regardless of size, geography or category

Performance:

Performitiv delivers supplier relationship managers a platform to collect, process, store and report critical business intelligence that will:

  • Highlight suppliers of significant risk and non-compliance
  • Identify suppliers with strong and weak operational performance
  • Pinpoint the creative insights to drive more value from suppliers

Performitiv’s measurement tools are exhaustive yet flexible and include:

  • Feedback surveys to gather both supplier and internal experiences
  • Operational data uploads to measure and trend SLA performance
  • Dashboards and Scorecards to view internally and share with suppliers
  • Transactional reports for exploratory analysis and change identification

Process:

Performitiv centralizes and automates transactional tasks that go into managing strategic supplier relationships such as:

  • Workflow automation to distribute data requests, updates, and renewals
  • Action plan templates to drive corrective actions based on measurements
  • Document management to centrally store notes and critical documents
  • Contract management to track compliance with agreed terms/conditions

« Check out all of the Solutions that Performitiv specializes in.

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