ST6 Supplier Relationship Management | Supplier Relationship Management

ST6 Supplier Relationship Management

Know your suppliers. Leverage their potentials. ST6 Supplier Relationship Management (SRM) provides a central database for all your strategic and operational supplier information.

Evaluate your suppliers' performance based on your own criteria (KPI), track their improvements over time and manage your supplier portfolio strategically. Based on your analysis, organize action plans for your suppliers to leverage their full potentials. Finally, establish advanced measuring instruments such as Risk Management or Corporate Social Responsibilty (CSR) on your supplier panel.

Product features

Benefits

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			Set up your own key performance indicators to measure supplier performance.
			Create multi-lingual performace questionnaires and carry out global and local supplier evaluation events.
			Automatically condense evaluation results and supplier incidents into meaningful scoring results.
			Compare suppliers to strategic benchmarks and map their performance over time using our easy-to-use report editor.
			Search suppliers based on their performance figures (KPIs).
			Plan, manage and track measures of improvement and refunds.

	Provides unified supplier database with a one-click-overview of all necessary information to help sourcing decisions.
	Manages up to 10 times the number of suppliers with the same team of strategic buyers.
	Allows for an easy identification of optimization potentials in supplier collaboration.
	Implements purchasing portfolio risk management.
	Provides highly configurable data enrichment features.