Supplier Repository Management
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- Provide complete, reliable and up-to-date information about suppliers
- Provide access to supplier information anywhere in the world
- Transfer work like data updating effort to the supplier
- Manage supplier approval process and status updates
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Beyond basic supplier data (administrative and accounting) the strategic management of
supplier relations requires additional information that is often scattered:
You, the buyer, and your internal systems
The supplier who knows their own name, address, contacts, etc.
Third parties who gather info on companies about their financial risk
The activities between your company and the supplier, like RFPs, contracts, orders, invoices...
Ivalua Buyer’s Supplier Repository module was designed to aggregate information from all four areas. For maximum time savings, the supplier file is updated automatically by information systems that already exist within the company, by external databases, internet sources and by the buyer himself. With the supplier’s portal in secure extranet mode, the supplier can access and update their data, RFPs and any other authorized information. In addition to a common supplier repository accessible to all, it offers a framework to capture the evolution of their performance over time.
To aid in Supplier OnBoarding, the supplier goes to a public portal that is freely accessible on the Internet. The supplier is guided through the OnBoarding process that will result in Purchasing Management making the decision to accept the supplier or not.