|
Supplier performance management is designed to measure the supply base's current performance, as well as track that performance against customer-defined goals to support new sourcing decisions. The solution can enable the creation of a standard set of metrics and normalization methods, ensure that data is collected, and create supplier preformance scorecards.
Key capabilities of the i2 solution for supplier performance management can include:
- An aggregated, normalized view of enterprise-wide spend and/or demand
information and visibility of purchased items and materials to better leverage
spend
- Ability to identify and develop strategic supplier relationships, including
supplier allocation analysis, new/alternate supplier identification, supplier
performance evaluation, and supplier risk analysis
- Global company-wide procurement rationalization at an individual-item level
- Visibility and control over subcontractor spend, demand, and contract compliance
Benefits of the i2 solution for supplier performance management can include:
- Ensuring that supply decisions are based on fact, not emotion
- Indicate where improvements need to be made
- Demonstrate improvements
|
