Reduce financial and legal liability by running reports across all suppliers to identify critical gaps
Manage suppliers to achieve your business goals
Full visibility into supplier data
How your business onboards, engages with, and manages suppliers is critical to your success, but doing that requires full visibility into your data. It can be nearly impossible to get an accurate view of your supplier landscape and to track and trend accurate information on supplier performance and other key metrics.
DevonWay Supplier Management gives you full visibility into your supplier data. Authorized users can easily and securely search across your supplier database, and within uploaded attachments (such as proposals), and create ad hoc reports to find and share supplier information and insights.
Streamline and adapt
DevonWay Supplier Management is your supplier portal for consolidating supplier forms and documents, supplier condition reports and scorecards, inspections, audits, and other supplier information. Get the full picture of a supplier performance with a full history of related corrective actions, non-conformance reports, observations, scorecards, and much more.
Over time, your supplier requirements change, which can have far-reaching effects on key tasks like onboarding. DevonWay Supplier Management is configured with no-code business rules to meet your unique requirements, now and in the future – without involving IT.
The supplier onboarding function can run as part of the larger Supplier Management solution or standalone. Buyers set up supplier contacts directly from the portal and assign onboarding forms for suppliers to complete online. The workflow routes the forms automatically to the appropriate stakeholders.
Customers set up their own supplier scorecards, with numeric or picklist scoring criteria weighted to a final score, along with comments for each question. Users set up and maintain their own scorecards and determine when to make them available for use, without involving IT.
Authorized users can view and open supplier forms, issues, scorecards, audits, inspections, RFQ/RFP responses, and other information from a central location. Easily run reports across all suppliers to identify critical gaps and liability issues, such as when suppliers are missing necessary insurance coverages.
Users can set up and distribute RFQs and RFPs to vendors to submit a response, including pricing and financial details across all products and services included in the response. Users can then run reports to compare responses and analyze pricing differences. Bidders easily upload necessary information that constitutes their bid.
Issues and Audits
Users can set up their own supplier audit templates and create and manage audit findings and associated actions within the same system. Audit findings tie back to specific audit criteria, which can reference contractual or compliance commitments, or other requirements that serve as the basis for the audit.
Supplier Document Reviews
Suppliers submit their required documents and complete required reading within the DevonWay system. Users can track overdue read confirmations and submit document change requests to suppliers directly from the supplier portal.