Scanmarket’s Supply Base Management enables procurement professionals to maintain a strategic overview of supplier selection, compliance, and portfolio, by reducing time spent on supplier identification, onboarding, and profile scoring through automation of all supplier engagements and increased savings due to improved supplier competition and faster response time.Book a Demo
Scanmarket is proud to be ranked 1st in Procurement Management - receiving an 86% satisfaction score compared with a category average of 79%, purely based on reviews from existing customers. Scanmarket was recognized as a leader in the 2021 Strategic Sourcing Data Quadrant report from SoftwareReviews.Download the Report
Want to better understand Scanmarket's Supply Base Management module and how it can help you? Check out the video.
Scanmarket’s Supply Base Management module helps you automate many of these time-consuming processes. Our supplier portal makes sure that suppliers self-manage their profile and keep their information up to date rather than you having to do it. The tool helps you manage everything from supplier contact data, certificates, notes, communications to customizable questionnaires, KPIs and Risk scorecards. Questionnaires can be linked with sourcing events to save you and your suppliers’ time, maintaining up to date records and avoiding duplication of work. The dashboard allows for extensive searching, filtering and reporting in order to find and compare the suppliers you are managing. By combining supplier self-evaluations with input from stakeholders, you get a 360° view on each supplier and their performance without having to chase your stakeholders to collect data before meeting with a supplier. Best of all, Scanmarket’s SBM can help you reduce supplier management costs by up to 85% - by automating a lot of the admin tasks of following up on suppliers and updating information. By having up-to-date data instantly available it becomes easier to understand the complete picture of supplier performance, risks, activities, etc. thereby eliminating wasted time on decision-making processes – essentially allowing the optimal decisions to be made faster.
Scoring
Compare your suppliers using predefined parameters and scoring
Visibility
Full visibility into supplier contracts, history and performance
Accountability
Make suppliers responsible for managing their own information
Savings
Reduce supplier management costs by up to 85%
Risk Management
Improve ability to respond to supply chain issues
Filtering
Search and filter on both company data and questionnaire information