What is meant by Supplier profile with 360° overview?
A supplier profile with a 360° overview provides a comprehensive and holistic representation of all relevant information about a supplier. It enables companies to capture and manage all business-critical supplier information across the entire organization.
Typical software functions in the area of "Supplier Profile with 360° Overview":
- Centralized data management: Collection and management of all supplier information in one place
- Self-registration and onboarding: Allows suppliers to independently register and update their data
- Performance evaluation: Assessment and analysis of supplier performance based on various criteria
- Risk management: Monitoring and evaluation of supplier risks
- Document management: Management of contracts, certificates, and other relevant documents
- Relationship management: Representation of relationships between suppliers, sub-suppliers, and subsidiaries
- Data integration: Connection with other enterprise systems such as ERP or procurement solutions
- Analytics and reporting: Creation of dashboards and reports for supplier analysis
