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Reduce Supplier Risk

   

Whether it’s the credit crisis posing the risk of rising supplier bankruptcies or concerns about low-cost country suppliers delivering a tainted commodity impacting your domestic production line, supplier risks have become the hot topic in today’s executive boardrooms. Best-in-class companies are proactively and continuously re-evaluating their supply chains to identify and support key partners and eliminate "weak link" suppliers.  Recent headlines alone will tell you that managing supplier risk is not just about your suppliers, it’s about mitigating significant cost risks and ensuring the survival of your business.

  • Ensure that only high quality, secure and reliable suppliers participate in sourcing events
  • Factor on-time delivery, quality, customer service, and other performance ratings directly into your sourcing analysis
  • Identify and flag vendor performance and issues before they have a significant negative impact on the business
  • Stem Over-Allocation:  Allow suppliers to create their own capacity constraints.
  • Enforce corporate purchasing policies (e.g., budgetary limits, contractual obligations, and vendor count or capacity allocation limits)
  • Evaluate Real-Time Sourcing Trade-Offs (e.g., What is the opportunity cost of sourcing from two vendors to hedge supply base risk?)

 

Emptoris Sourcing automates all stages of the sourcing process from planning and qualification to negotiation, analysis, award allocation and supplier performance management.   Independent research reports confirm that Emptoris offers the broadest and most advanced capabilities of any sourcing solution with capabilities designed to mitigate risks and give your business that competitive edge. 

  • Program Management
  • Buyer Surveys & Supplier Qualification
  • Dynamic RFx (RFI, RFP, RFQ)
  • Supplier Decision Support
  • Self-Service Optimization: On-The-Fly Scenario Analysis (Before, During, and After Events)
  • Scorecards
  • Flexible Awarding
  • Dashboard Intelligence: Real-time and drillable sourcing dashboards
  • Global Reporting

Our Customer’s Results Speak For Themselves.

Emptoris Sourcing is used by Global 2000 companies spanning multiple industries to support all sourcing requirements, simple to complex.  Our customers have delivered substantial value to their businesses with results that speak for themselves.

Learn More

  • Sourcing Webcasts
    Learn from experts on topics like building a business case for sourcing and practical approaches for quick and sustainable sourcing success.
  • Sourcing Podcasts
    Experts in the field discuss a wide variety of issues such as managing supply base risk and getting more spend under management by running optimized sourcing events.
  • Other Resources and Whitepapers
  • For additional data about how companies benefit from Emptoris technology, visit our newsroom.

 

 

 



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