The reporting of supply chain performance at board level is now commonplace as poor performing suppliers are at best resource intensive to manage and can adversely impact your brand reputation. However, as a procurement professional, how much do you trust your data on which these metrics are based?
At Vendigital, we understand the real-world challenges of poorly maintained systems locally, as well as the value that good performance data can have in reducing cost and risk across your supply chain. Our supply chain performance application allows you to define the common standard for measurement ensuring a ‘single source of source of truth’ providing you with valuable insight that allows you to take action in confidence. Our technology not only allows you to critique and correct erroneous data outside of your local systems but allows your suppliers to visualise and challenge, leading to a truly collaborative way of working and common understanding of areas for improvement.
“My team now has access to a wealth of information which helps them to find opportunities to drive improvements across our supply chain.”Richard Pye, Director Strategic Procurement, Meggitt PLC