Poor-fit suppliers can eat up 4% of your company’s profit. How big is that number for your company? Fortunately, you can use supplier performance management to drive savings… click the image (video) below to learn how:
Keep in mind, less than 5% of customers receive suppliers best work. So, you want the ability to identify and prune poor-fit suppliers at the top of your list. It’s the quickest way to hit your savings target. All you need is the right software solution. Here are some tips for picking the right one:
- DATA… has to be quantified and qualified in real-time.
- AUTOMATION… is a must. Labor intensive processes don’t scale.
- COLLABORATION… makes your dashboard actionable.
To learn more, click here to schedule a meeting.