Kitchen Gadgets and Utensils

SUPPLIER

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PROVOSO SUPPLIER

PROVOSO Supplier provides an enterprise view

of true supplier performance. Using data science

and machine learning, it reveals time critical insights

to operating your business.  ​

PROVOSO Supplier
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PROVOSO Supplier Scorecard - Internal.pn
PROVOSO Supplier Scorecard - External.pn
Supplier
Scorecard
Internal
Supplier
Scorecard 
External
Supplier
Portfolio
Supplier Rationalization
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Supplier Forensics
Name Review
PROVOSO Supplier Profit Optimization.png
Supplier Forensics Profit Optimizer
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Supplier Forensics Supplier Consolidation
OPTIMIZE YOUR SUPPLIER PORTFOLIO

PROVOSO Supplier Rationalization

  • Provides visibility into contracts and orders from the same supplier across the organization.  ​

  • Allows the organization to understand Supplier: 

    • Contracts​

    • Purchases ​

    • Total spend

 
Image by KOBU Agency
CLEAN SUPPLIER DATA IS CRITICAL

PROVOSO Supplier Portfolio

  • Consolidates supplier records by:​

    • Reviewing all supplier systems of record

    • Performing data mining to identify potential duplicate records​

    • Provides a report for sourcing.  ​

  • Sourcing can use the tool to affect the change in the source system or investigate further.​

 
TRACK SUPPLIER COMPLIANCE

PROVOSO Supplier Forensics Name Review

  • Reviews new supplier changes to identify potential name changes due to previous infractions or penalties​

  • Uses a series of rules and services to produce a report for sourcing showing any potential issues or additional investigation requirements.  ​

  • Can also affect the change in the source system.

Financial Analyst
DETAILED SPEND MANAGEMENT

PROVOSO Supplier Forensics Profit Optimizer

  • Supplier Profit Optimization Tool:​

    • Ingests Supplier information such as: ​

      • Contracts​

      • Purchase Requisitions​

      • Purchase Orders​

      • Invoices​

      • Credit Memos​

      • Receipts​

      • Compliance, Sustainability and Audit information, and Penalties.  ​

  • It prepares the data for analysis through: ​

    • Transformations​

    • Pattern matching​

    • Consolidation​

    • Search indexing and clustering

 
 
ENTERPRISE-WIDE CONSOLIDATION OF SUPPLIERS

PROVOSO Supplier Forensics - Supplier Consolidation

  • Identifies potential duplicate suppliers ​

  • Uses technologies such as GPS, fuzzy search, name and address information and external data  ​

  • Generates reports by buyer with the findings ​

  • Provides a transaction set to consolidate all Supplier accounts under a single Supplier master account​

  • Updates all source data with the changes​

Companies can now be confident that their Supplier information is consolidated and that any potential issues are presented and dealt with accordingly.​

Board Meeting
 
COMPREHENSIVE SCORECARD FOR YOUR WORKFORCE

PROVOSO Supplier Scorecard - Internal

  • Provides a view for internal users to see supplier performance across the enterprise.

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  • Delivers real-time critical information about your suppliers, such as:​

    • Supplier performance metrics​

      • Financial Metrics​

      • Delivery and Operations Excellence Metrics​

      • Customer Satisfaction ratings and issues​

      • Quality and Compliance Metrics​

    • The tool can also launch a workflow to conduct analysis with all stakeholders. ​

  • Different functions will have different criteria for a scorecard 

    • Quality – Defect %’s​

    • Sourcing – Supplier force rankings ​

    • Sustainability - product origination​

    • Legal - Supplier audit, social compliance and contract status

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  • Scorecards are created based on the user’s role ​

 
COMPREHENSIVE SCORECARD
FOR YOUR SUPPLIERS

PROVOSO Supplier Scorecard - External

  • Provides suppliers with visibility into their overall standing with the company  ​

  • Presents suppliers with the opportunity to compare themselves to other (anonymized) suppliers​

  • Enables them to improve and potentially increase committed production $'s in future years. ​

  • Provides the company with a commitment from suppliers to provide accurate supply chain visibility data, including factory and supporting supplier information.

Brainstorming Session
 

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