Supplier Intelligence: Manage your Suppliers to Drive Performance

In order to get a better handle on what you buy, take control over who you buy it from. Given the right tools, supplier risk is largely addressable. With large volumes of dispersed supplier and spend data across your organization, process standardization is imperative in understanding and addressing your risk. PowerAdvocate Supplier Intelligence provides a sustainable, easy-to-use platform that enables your organization to optimize supplier information, manage performance and mitigate risk through one central web-based tool.


SEE EVERYTHING

See All of Your Suppliers

Pull it all together

Assemble all of your enterprise supplier information from buyers, suppliers and additional data systems in one web-based centralized repository.

  • Branded Supplier Registration – Initiate new supplier relationships and allow suppliers to access business opportunities
  • Supplier Self-Service Portals – Hold suppliers responsible for keeping information up-to-date. Automate collection of supplier qualifications and capture required information
  • Interactive Dashboard – Quickly access real-time information most important and relevant to you; view lists by preferred supplier status, diversity classification, supplier segmentation, products and services
  • Supplier Solutions Team – PowerAdvocate technical support manages the supplier registration process

DIVE DEEPER

Dive Deeper

Manage your Supply Base

Get to know your suppliers

Learn to utilize your supplier pool. Recognize high-performance and diverse suppliers. Keep track of supplier performance by setting Key Performance Indicators (KPIs).

  • Supplier Segmentation – Segment supplier base by spend and risk (criticality and/or impact)
  • Supplier Profiles – Access supplier information to better assess your relationship; contact information, diversity classification, products and services, locations, current/historical sourcing activity and supplier contracts
  • Document Sharing – Collaborate within your organization or with suppliers through customizable, secure document exchange
  • Set Supplier Performance Criteria – Drive performance requirements and KPI’s by supplier segment. Create alert trackers to notify if a supplier is not meeting KPIs

NAVIGATE THE FUTURE 

Evaluate Supplier Performance

Monitor suppliers’ delivery to expectations

Manage supplier relationships to achieve savings, ensure quality of service and mitigate risk.

  • Supplier Scorecards – Continuously monitor supplier performance through scorecard evaluation process
  • Supplier Risk Mitigation – Assess overall exposure to both market-changing events and day-to-day execution risk. Identify and implement methods to mitigate risks and increase the resilience of supply chain
  • Supplier Relationship Management – Develop advanced relationships through communication plans by supplier segments and collaborate with suppliers to implement additional performance improvements

 

Supplier Intelligence: Manage your Suppliers to Drive Performance

In order to get a better handle on what you buy, take control over who you buy it from. Given the right tools, supplier risk is largely addressable. With large volumes of dispersed supplier and spend data across your organization, process standardization is imperative in understanding and addressing your risk. PowerAdvocate Supplier Intelligence provides a sustainable, easy-to-use platform that enables your organization to optimize supplier information, manage performance and mitigate risk through one central web-based tool.

Product Benefits:

Maximize High Value Activities:

Shift resources towards high value and high critical purchases

More Structured Relationships:

Be more consistent and proactive in relationships with suppliers

Improved Supplier Communication:

Provide a unified voice concerning corporate initiatives

Qualification and Health Monitoring:

Better data and access to supplier information

Robust Performance Management:

Develop and use performance indicators more effectively

Drive Continuous Improvement:

Incorporate supplier feedback into improvement efforts

Enhance Alliance Quality:

Grow the quality of strategic alliances through all of the above

Supplier Intelligence: Manage your Suppliers to Drive Performance

In order to get a better handle on what you buy, take control over who you buy it from. Given the right tools, supplier risk is largely addressable. With large volumes of dispersed supplier and spend data across your organization, process standardization is imperative in understanding and addressing your risk. PowerAdvocate Supplier Intelligence provides a sustainable, easy-to-use platform that enables your organization to optimize supplier information, manage performance and mitigate risk through one central web-based tool.

Product Features:

Assemble all of you enterprise supplier information from buyers, suppliers and additional data systems in one web-based centralized repository. Manage supplier relationships to achieve savings, ensure quality of service and mitigate risk.

Interactive Supplier Dashboard:

Customize your dashboard to gain immediate access to important supplier information:

  • My Company's Suppliers
  • Diversity Classifications
  • Supplier Segmentation
  • Products and Services
  • Supplier Portals

Supplier Profiles:

Access up-to-date supplier information and gain visibility into your supplier relationships:

  • Contact information - Stay in touch
  • Certifications - Collect updated materials
  • Diversity Classification - Meet diversity requirements
  • Products & Services - Identify alternative suppliers
  • Sourcing Activity - Monitor current and historical events
  • Contracts - Access all supplier contracts
  • Locations - Find local or low cost country suppliers

Supplier Scorecarding:

Proactively manage supplier performance with regular input from suppliers. Develop systematic measurements to generate supplier scorecards and evaluate performance. Define custom KPI's or choose from a configurable out-of-the-box list. Set alerts to notify you when suppliers are not delivering within KPI expectations to monitor supplier performance and mitigate supplier risk.

Supplier Intelligence Brochure

PowerAdvocate Supplier Intelligence: Manage your Suppliers to Drive Performance

Manage Your Suppliers to Drive Performance

Supplier Intelligence provides you with a systematic and collaborative toolkit for supplier information and performance management. Through one central web-based platform, gain complete visibility and control across your supplier universe to foster stronger relationships and mitigate supplier risk.

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