The quality of what goes in drives the quality of what comes out
Organizations’ supplier networks are often as unique as the collection of processes that comprise their competitive advantage. This means that a one-size-fits-all approach to supplier and contractor management rarely works for any but the smallest or simplest organizations.
A modular, configurable platform gives organizations the flexibility they need to tackle their most urgent supplier or contractor problems, then expand to higher-hanging fruit as their business case matures. And easy ad hoc reporting means that suppliers are held accountable to standards of quality and performance.
Different organizations have different priorities for their suppliers and contractors, often depending on current goals. It could be field safety, part quality, ISO compliance, net savings, overall performance, or a myriad of other choices. Configurability means not having to settle for a one-size-fits-none solution.
Collecting data about suppliers is most effective when suppliers are invited to contribute to that collection. Most vendors charge a per-user price for system access; usage-based pricing means that organizations only pay according to the actual benefit they receive, regardless of the number of suppliers invited to participate.