Emptoris Supplier Lifecycle Management

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Emptoris Supplier Lifecycle Management Supplier Qualification

A complete solution for supplier on-boarding and on-going management of supplier information for market analysis and benchmarking.

Establish a Single Interface

• Maintain one global “portal” for all suppliers across the global organization.
• Streamline, simplify and automate the supplier qualification process.
• Leverage the full Emptoris Supplier Lifecycle Management solution and automate and centrally manage all the business processes associated with supplier management.

Enforce Compliance

• Proactively manage all your suppliers to ensure compliance to corporate standards and policies, as well as regulatory requirements.
• Define and monitor supplier qualification processes for greater visibility and accountability.
• Readily take action with any supplier not complying with corporate standards.

Leverage Intelligence and Identify Key Suppliers

• Find and qualify the right suppliers and on-board them quickly for sourcing events.
• Leverage and consolidate internal and external sources of supplier intelligence.
• Provide a mechanism to aid new suppliers in meeting minimal qualification requirements.
• Conduct detailed purchasing market analysis and benchmark new suppliers against market standards.

Emptoris Supplier Lifecycle Management Supplier Evaluation

A comprehensive and flexible solution to support the entire supplier performance management process. The solution provides transparency into supplier strengths and weaknesses and provides a basis for classification, supplier feedback and optimization.

Actively Evaluate Suppliers

• Leverage a comprehensive and flexible solution to support your entire supplier performance management process.
• Actively evaluate the performance of suppliers and easily maintain supplier scorecards and intelligence.
• Easily develop custom scorecards and monitor how well suppliers are doing against objectives and contract terms.
• Gain efficiencies through automation of the supplier evaluation process and increase the number of suppliers actively managed with the same resource levels.

Reduce Supply Risk

• Reduce supplier risks by gaining greater visibility into key supplier performance metrics.
• Leverage proactive alerts that can serve as an early warning system for potential risks including supply interruption, quality issues or price fluctuations.
• Identify and address weak links in the supply chain and reward strong performers to ensure a well-functioning and competitive supply base.

Continuously Develop Suppliers

• Increase organization-wide alignment on key operational objectives and build a strong foundation for implementing continuous improvement programs.
• Build a strong foundation for identifying cost savings, improving quality, increasing flexibility, improving delivery metrics and accelerating volume ramp-ups.
• Leverage the comprehensive Emptoris Supplier Lifecycle Management solution to automate and manage all the business processes associated with supplier management and supplier performance improvement.

Emptoris Supplier Lifecycle Management Supplier Classification

Allows companies to define and analyze the nature of supplier relationships (e.g., preferred, alternate, phase-out) at both the organizational and category level. Through improved supplier classification, companies establish a stronger foundation for active development and advancement of the supplier portfolio.

Gain Visibility and Transparency

• Gain global visibility and transparency into the supply base with accurate segmentation of your supplier portfolio.
• Consolidate and establish a 360° real-time view into supplier intelligence.
• Access graphic analyses to evaluate each supplier, material group and organization.

Develop Key Supplier Relationships

• Accurately define supplier relationships and focus your spend, resources and efforts on strategic suppliers.
• Effectively target out-phasing of "low performers" and promote "high performers"—and provide incentives for self-optimization of suppliers.

Establish a Unified Supplier Strategy

• Act with “one voice” and define standard strategies to coordinate supplier management and classification on a global basis.
• Design and structure stronger supplier classification processes including more clearly defining supplier classes, proactively driving recommendations and encouraging and enabling detailed analyses.

Emptoris Supplier Lifecycle Management Supplier Development

A robust and flexible framework to support the proactive management and development of prospective and current suppliers. Through tight integration with supplier qualification and supplier evaluation, the solution allows companies to design and manage remediation programs to bring suppliers to expected levels of compliance and performance.

Drive Supplier Development

• Develop a high-performing and collaborative supply-base with robust and flexible supplier development capabilities.
• Drive performance improvements for key suppliers in all areas from logistics (e.g., securing on-time delivery) to quality (e.g., reducing problems and claims)—and actively manage both preventive actions (pro-active) and corrective actions (reactive).
• Provide a mechanism to aid new suppliers in meeting minimal on-boarding requirements.

Establish a Unified Supplier Strategy

• Act with “one voice” and establish a more strategic and coordinated approach to managing supplier development, one that spans the global organization.
• Define and manage development programs with a tight integration to the Supplier Evaluation, Supplier Qualification and Supplier Risk capabilities and processes.
• Free-up resources and reduce costs of development programs by defining and automating supplier development processes.

Encourage Supplier Innovation

• Maximize collaboration and innovation with suppliers.
• Increase revenue potential through supplier innovation and reduce costs through improved supplier performance and compliance to contract terms.
• Maximize innovation from suppliers by directly engaging them and providing greater flexibility to share their ideas, capabilities and plans.

Emptoris Supplier Lifecycle Management Supplier Risk

Supports a holistic process to recognize, control and assess supplier risks. The solution enables companies to utilize both internal and external sources of information in risk calculations as well as enabling modeling and proactive management of various risk scenarios.

Comprehensively Manage Risk

• Mitigate risk holistically across the organization and supply base—and ensure the total impact of a supplier disruption is understood and corrective plans are in place.
• Manage supplier risk on your own terms with risk definition and modeling capabilities that deliver the knowledge you need to proactively manage various risk scenarios.
• Extend the reach of your risk program with highly automated supplier risk process with minimal maintenance cost.
• Leverage proactive alerts that can serve as an early warning system for potential risks including supply interruption, quality issues or price fluctuations.
• Seamlessly leverage both internal and external sources of information in risk assessments and calculations.

Proactively Mitigate Risk

• Proactively mitigate risks before they develop with deep supplier intelligence and robust risk modeling.
• Elevate risk mitigation with a systematic approach that ensures early risk identification across various pillars of exposure including financial, quality, logistics and geography.
• Leverage proactive alerts that can serve as an early warning system for potential risks including supply interruption, quality issues or price fluctuations.
• Avoid supply disruption by carefully selecting suppliers with good reputations, working with them to maintain their performance and proactively monitoring events.
• Develop a high-performing supply-base and reduce supplier risks through integration with Supplier Evaluation and Supplier Development.

React Quickly and Flexibly

• Reduce the impact of disruptive events by having documented corrective action and alternative action plans in place.
• Gain up-to-the minute risk scoring and real-time risk calculation.
• Reduce the impact of disruptive events with powerful risk management capabilities and by building supplier and organizational flexibility and coordination.