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Supplier Performance Management
Technology Category
- Platform as a Service (PaaS) - Data Management Platforms
Applicable Functions
- Procurement
Use Cases
- Supply Chain Visibility
The Challenge
Whether sourcing components and ingredients, outsourcing manufacturing to alternative suppliers, or staying abreast of changing market conditions, today’s procurement professionals need an agile means to evaluate supplier performance, identify new sources, negotiate best terms, and track order status—without jockeying between a multitude of Excel spreadsheets, ERP reports, and industry information streams.
About The Customer
A supplier company
The Solution
Decisyon 360 provides a platform for building a supplier performance management solution, which can:
- Rapidly access detailed data about supplier performance at any time
- Rate suppliers’ quality, price, sustainability, and timeliness of delivery
- Easily link together multiple existing supplier databases (SAP, Oracle, etc.) for global visibility of all suppliers
- Support cross-functional collaboration and decision-making related to supplier selection, sourcing, and evaluation
- Identify potential supply chain failures before they impact business operations
- Rapidly access detailed data about supplier performance at any time
- Rate suppliers’ quality, price, sustainability, and timeliness of delivery
- Easily link together multiple existing supplier databases (SAP, Oracle, etc.) for global visibility of all suppliers
- Support cross-functional collaboration and decision-making related to supplier selection, sourcing, and evaluation
- Identify potential supply chain failures before they impact business operations
Operational Impact
Quantitative Benefit
Related Case Studies.
Case Study
Remote Temperature Monitoring of Perishable Goods Saves Money
RMONI was facing temperature monitoring challenges in a cold chain business. A cold chain must be established and maintained to ensure goods have been properly refrigerated during every step of the process, making temperature monitoring a critical business function. Manual registration practice can be very costly, labor intensive and prone to mistakes.
Case Study
Retail Uses RFID to Enable Cold Chain Monitoring
Like most grocery retailers, Hy-Vee is faced with the challenge of providing the highest quality products to its shoppers. Shoppers want the longest possible shelf life from perishable products and expect a consistent product experience each time they shop. Controlling the quality of products sold leads to shopper loyalty, which is of paramount importance to the success of Hy-Vee. Before products arrive in stores, Hy-Vee's distribution centers (DCs) handle items including dairy products, fresh meats, seafood, deli items, produce and frozen goods, all of which have different temperature needs and sensitivities. During transit from suppliers to DCs, Hy-Vee has limited visibility and temperature management abilities due to large amount of supplier managed transportation. For instance, during a week-long transit, a supplier's carrier equipment may malfunction, causing an item to thaw and then refreeze once repairs are made. Hy-Vee sought help from TempTRIP, an RFID solution provider that focuses on shipping, storage, receiving, and temperature control. TempTRIP's EPC RFID tags use Impinj chips to monitor and report temperature readings throughout the shipping and receiving process. The tags can also be re-configured and re-used, a unique feature within the current market of temperature monitoring devices.
Case Study
Covisint Improves Mitsubishi's Collaboration With Its Supply Chain
Mitsubishi sought to improve supplier relationships on a global basis and to offer an easy-to-use solution to interact with them. In August 2004, Mitsubishi selected Covisint’s platform to help improve sharing of information and collaborative business processes with its global suppliers. Covisint enabled Mitsubishi to provide its suppliers with immediate access to information and applications to obtain more collaborative working relationships