Well informed about your suppliers!
There is more to a supplier than just hard facts such as turnover, number of production sites, number of employees, storage capacity or even soft facts like quality or turnaround time. After all, you never know whether the information you have stored is up to date. The important information relating to a supplier is background information. This information can be product specific, or personal information on the supplier. In the absence of centrally administered data, standardized information regarding the supplier-customer relationship is unlikely to be available.
There is more to a supplier than just hard facts such as turnover, number of production sites, number of employees, storage capacity or even soft facts like quality or turnaround time. After all, you never know whether the information you have stored is up to date. The important information relating to a supplier is background information. This information can be product specific, or personal information on the supplier. In the absence of centrally administered data, standardized information regarding the supplier-customer relationship is unlikely to be available.
Each purchaser can update evaluation criteria
Each supplier can be assessed either through your own personalized evaluation criteria, or corporate criteria definded across the company
The Portum Supplier Management Engine by virtue of its dynamic questionnaire structure enables you to ask all the right questions. All buyers have access to the Supplier Management Engine so everyone can enter the required information and consequently, supplier data is linked to purchasing data. In addition you may link your supplier data to an ERP-system.
How to identify suitable suppliers?
There are two ways to search for new suppliers:
On one hand you may use the traditional path and ask your colleagues which suppliers they know and can promote.
On the other hand there are databases such as Dun & Bradstreet, Kompass, etc., which offer information on suppliers in different markets. Both options are very time consuming. As there is no central database where your colleagues can store the information, you have to ask for individual input, which may not necessarily be forthcoming. If you want to use the databases you might incur charges for each search or for registration. The Portum Supplier Management Engine offers you a time saving alternative. All you need to do is ask the supplier to fill in the questionnaire. You get all the supplier data you need, as the supplier management engine does not accept incomplete questionnaires.
How do you evaluate suppliers?
Until now suppliers may have been evaluated by your own criteria or through experience. However, the question remains whether to evaluate by company or by product. The Portum Supplier Management Engine makes supplier information comparable and therefore easy to evaluate. The criteria can be individually defined for each supplier, leading to dynamic evaluation schemes.
Benefits
How to identify suitable suppliers?
There are two ways to search for new suppliers:
On one hand you may use the traditional path and ask your colleagues which suppliers they know and can promote.
On the other hand there are databases such as Dun & Bradstreet, Kompass, etc., which offer information on suppliers in different markets. Both options are very time consuming. As there is no central database where your colleagues can store the information, you have to ask for individual input, which may not necessarily be forthcoming. If you want to use the databases you might incur charges for each search or for registration. The Portum Supplier Management Engine offers you a time saving alternative. All you need to do is ask the supplier to fill in the questionnaire. You get all the supplier data you need, as the supplier management engine does not accept incomplete questionnaires.
How do you evaluate suppliers?
Until now suppliers may have been evaluated by your own criteria or through experience. However, the question remains whether to evaluate by company or by product. The Portum Supplier Management Engine makes supplier information comparable and therefore easy to evaluate. The criteria can be individually defined for each supplier, leading to dynamic evaluation schemes.
Benefits
- Cost reduction through centralized and structured supplier knowledge
- Optimized decision-making due to neutral identification of suitable suppliers
- Process optimization by supplier driven database updates
- Immediate supplier rankings
- Enriched ERP data
- Combination of hard and soft facts
- 100% integrated in all Portum Engines
- Best-Practice templates included
DOWNLOADS
Benefits
Cost reduction through centralized and structured supplier knowledge
Optimized decision-making due to neutral identification of suitable suppliers
Process optimization by supplier driven database updates
Immediate supplier rankings
Enriched ERP data
Combination of hard and soft facts
100% integrated in all Portum Engines
Best-Practice templates included
DOWNLOADS