Boosting Supplier Performance with 360° Information (SynerTrade)
What a company wants from each supplier varies widely by industry and spend category, with one exception: transparency. Procurement (and the internal stakeholders they support) are always on the lookout for opportunities to increase supply chain visibility.
In this paper we will consider the impact that building an actionable 360° picture of supplier performance has on the long term success of third party relationships by combining:
- Supplier onboarding
- Profile enrichment
- Performance scorecarding