Strategic Supplier Management
One of the biggest challenges we see clients face is keeping track of all the tasks, events, alerts, notices, milestones, obligations, reporting requirements, and other issues relating to all the supplier agreements, investments and relationships. In this pursuit, clients struggle, failing to realize an average 34% of the expected benefits, and hemorrhaging an average 22% of the value of the investment in the form of increased, unexpected costs. Entering supplier agreements, investments, and relationships into WIN(win) and setting proactive management alerts helps you maximize the economic and strategic value of your supply chain for the long term with technology enabled industry leading process for supplier performance management.
Maximize the economic and strategic value of your supply chain. Manage all your strategic agreements in one place and share across your team. Organize and track by supplier(s), monitor past and upcoming spend, setup pro-active alerts, and more. Have too many agreements to enter? Engage NET(net)'s professional services to do it for you.
Store, monitor, and collaborate on documents related to your agreements. Easily manage revisions and attachments with versioning and parent-child relationships and extract important and high risk sections for further monitoring and tracking.
KPIs (Key Performance Indicators)
Proactively tune supplier performance by tracking and proactively managing all issues and resolving any supplier disputes. Internally and empirically measure the performance of your Agreement via surveys taken by selected participants which are tracked and charted against a set target. You can additionally track financial, numeric and/or emotional and other Impacts that result.
SLAs (Service Level Agreements)
Proactively manage key provisions in the commercial arrangement to reduce disputes and improve the performance and value of key supplier relationships. Internally and empirically measure the performance of your Agreement via surveys taken by selected participants which are tracked and charted against a set target. You can additionally track financial, numeric and/or emotional and other Impacts that result.
Prevent minor issues from becoming major problems. Use Watchlist Items to logically group, assign and monitor important milestones or language of an Agreement. Multiple Tasks or Alerts can be added to a Watchlist Item. Clients that proactively manage Watchlist Items are far more likely to realize promised benefits and far less likely to suffer from value loss.
Empirically measure the value your investments are generating and manage business cases such as total cost of ownership, ROI, etc. Monitor trends, compare survey feedback, and drill into potential issue or problematic agreements.
Adding new and existing projects in WIN(win) helps you find, vet, select and easily connect to suppliers whose offerings match your needs.
Perform market, product, and supplier research, follow supplier news, explore peer supplier ratings and submit your own. Benefit from an evidence-based process to objectively evaluate supplier offerings, selecting the suppliers that provide the best overall value.
Join an existing group or create your own. Consult with peers for tips, and even seek professional advice.