Track Supplier Performance Against Contract Management
We track supplier performance against the full life cycle of the contract. This enables us to ensure not only compliance to contract, but also helps us proactively drive value realization based on the intended cost saving targets.
In addition, with supplier performance tracking, we take full advantage of further saving opportunities such as early settlement and volume-based discounts.
As part of supplier performance management, we leverage our assets to:
- Anticipate sudden price increases and pro-actively validate changes against prevailing market conditions
- Collaborate with suppliers– improving supplier relationships and ensure business continuity
- Understand supplier cost models and the impact of macro- and microeconomics and country risk
- Avoid disruption in supply and avoid unnecessary costs
- Aid in supplier segmentation and classification for future business
- Streamline the overall process, ensuring value realization against cost optimization targets
Build an intelligent supply chain with our holistic solution
Spend Analytics
Analyze your spend against historical and forecasted spend for benchmarking and opportunity identification.
Category Management
Develop category management plans for when, where and how to buy with our supply chain solution
Logistics Management
Understand your freight demand forecasts for the next 5, 15, or 30 years
Supplier Management
A centralized hub for third party due diligence and supplier risk management
Supply Risk Management
Enhance end-to-end coverage of political, violent, sovereign, banking and investment risk management worldwide to ensure supply chain security.
Environmental, Social & Governance
Utilize an integrated suite of ESG solutions and strategy to support your unique requirements
Sourcing Management
Manage sourcing events leveraging our network of 1500+ datasets, 200+ economists and 5000+ information and supply chain sourcing industry experts
Contract Management
Manage the entire contract life cycle process from initiation, negotiation to contract renewal
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