Vendor Management Solutions

Define individual vendor KPIs to effectively manage vendor performance. Allocate weightages to each KPI based on the specific requirements of your vendor procurement strategy. Update the scores for each KPI regularly, and the system will generate a comprehensive scorecard for each vendor. Dashboards and vendor rankings will be created based on the scores assigned to each vendor, allowing for thorough evaluation and analysis.

Acquire and divest vendors while focusing on vendor performance management. Evaluate and negotiate to optimize your vendor procurement strategy. Manage vendor outcomes by addressing relationships and contracts, and assessing performance and risk. Measure and report on vendor KPIs through effective metrics and dashboards. Establish discipline in governance and policy, defining roles and organizational structure.