Supplier Management
Centralize supplier data: Optimize selection, increase operational efficiency and avoid non-compliance within the supply chain.
Gain competitive edge with intelligent supplier insights
From centralizing supplier information and automating onboarding to tracking performance metrics, Supplier Management helps foster collaboration, mitigate risk, and optimize sourcing strategies.
How Supplier Management can help you
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Reduce supplier management costs by >65%
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Gain enterprise-wide transparency to supplier activities including documents, event history and contacts through centralized secure administration of supplier profiles
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Empower suppliers to maintain up-to-date profile information
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Speed up assessment, qualification and on-boarding of new suppliers
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Obtain visibility of economic data
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Increase speed of decision making
Simplify vendor management and supplier performance tracking
Key features & capabilities
Supplier onboarding
Supplier self-registration with total buyer control and approval to ensure quick and easy onboarding and qualification.
Performance evaluation
Track and evaluate supplier performance based on metrics such as quality, delivery times, pricing accuracy, and adherence to service level agreements.
Supplier autonomy
Invite suppliers to register through the supplier portal to maintain their own data, accreditations, and certifications.
360 Visibility
Centralized data and processes that provide comprehensive insights across the entire supplier lifecycle.
Risk mitigation & compliance
Reduce the risk of non-compliance by ensuring supplier information is current and automatically updated and flagged in the event of noncompliance.
Seamless integration
Operational integration with ERP systems and master data tools to ensure automated data flow and compliance across multiple databases.
Supplier Management in action
Continuous evaluation
Ongoing tracking and identification of any change in supplier profiles and scoring will give you time to evaluate the potential impact on your business and plan how to mitigate the associated risk.
The more knowledge you gain about your suppliers, the more competent you will be when it’s time to select the right ones for further negotiation on terms and price.
Easy visibility and reporting
Easily access, report on and interrogate all supplier data and documents from one central repository, with configurable dashboards and numerous supplier segmentation options.
Pre-configured dashboards provide useful analytics, and the powerful search and filter functionality allows you to easily generate the analytics you need.
Compliance through automation
Reduce the risk of non-compliance within the supply chain by ensuring supplier information is automatically updated and flagged in the event of noncompliance.
Suppliers will automatically be prompted by email to upload a new document 30 days before it’s expiry date, ensuring compliance at all times.
Additional learning
Don't take our word for it
Choosing Scanmarket by Unit4: A best-of-breed solution
Read the latest SoftwareReviews Comparison Report to understand why Scanmarket by Unit4 is the right solution for you.
Using data sourced from SoftwareReview’s 2024 Strategic Sourcing reports, this report provides a comprehensive insight into the customer experience when using Scanmarket by Unit 4 software. Whilst comparing the buyer experience against key players in the market, it also provides a variety of metrics to assist you in choosing the software that best matches your organizations goals.
Frequently asked questions
- What is the most efficient way of securing compliance?
- Which tools do you integrate with?
- How does automated supplier onboarding work?
- How can I improve my tender workload?
- Which type of support do you provide?
What is the most efficient way of securing compliance?
Automate maintenance of supplier certifications, documentation, and scoring by transferring the responsibility for updates and verifications to your suppliers.
Monitor compliance with full visibility of supplier activity including contracts, event history, contact information, certificates, files, communications, and more. With Supplier Management software, all supplier data is readily available with reports, notifications, and flag alerts for non-compliance issues.
You no longer have to chase suppliers for data updates. Suppliers simply log in to update their information and certificates directly under their profile and receive automated expiry reminders.
