SUPPLIER

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

Supplier

Scorecard

Internal

Supplier

Scorecard 

External

Supplier

Portfolio

Supplier Rationalization

Supplier Forensics

Name Review

Supplier Forensics Profit Optimizer

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

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

• 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.

DETAILED SPEND MANAGEMENT

• 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

• 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​

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

COMPREHENSIVE SCORECARD FOR YOUR WORKFORCE

PROVOSO Supplier Scorecard - Internal

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

​ ​

• 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. ​

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• 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

 ​

• 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.

The PROVOSO SUITE