eSupplier
Global eProcure’s vendor management module maintains a centralized repository of supplier information that influences strategic sourcing decisions. Vendor registration information is automatically routed to appropriate personnel for approval and the database maintains a complete history of vendor profile. Our tool is integration-ready with the eContract module and enabling immediate access to vendor compliance data. The module also tracks and triggers alerts for non-compliant vendors. One of the key components of these advantages of this module is monitoring Supplier Performance Management and Measurement.
Challenges
On-boarding new suppliers and validating compliance with preferred criteria
Maintenance of a cleansed vendor master
Use of non-qualified and or non-approved base of local/global vendors
Effective collaboration between procurement and line of business constituents leading to difficulty in enforcing of procurement
guidelines and regulatory compliance
Increased administrative costs to due to a larger pool of suppliers providing the same commodities/services
Global eProcure's Solution
Manage a centralized repository of supplier information that influences strategic sourcing decisions
Reduce administrative vendor management costs
Reduce manual intervention by having a Supplier Portal
Encourage collaboration between procurement and line of business stakeholders
Increase the qualified base of global vendors
For more information, please email us at info@globaleprocure.com or request our services here
