Easy Supplier Registration and Updates Functionality
For example: Do you have a social responsibility program? Yes or No. If the answer is yes, the supplier can be taken to the social responsibility questionnaire. Once a supplier is registered, you can decide what part of their profile they are responsible for maintaining in GEP SMART. You can easily and quickly publish additional questionnaires and surveys to your suppliers at any time.
More often than not, your RFPs contain standard sets of questions related to basic supplier capabilities and information. GEP SMART allows you to capture that information in advance against the supplier record, so you can speed up the documentation at the RFP stage, freeing up your team to evaluate only the vital procurement matters and giving your suppliers a simple, straightforward process to submit their best offers. Your suppliers would be able to participate in RFIs, RFPs, and other sourcing events, quickly and easily — and suppliers tend to give the best deals to customers who are easiest to work with.
GET UP-TO-DATE, ACCURATE AND RELIABLE SUPPLIER INFORMATION WITH GEP SMART SUPPLIER MDM
GEP SMART integrates seamlessly with existing enterprise systems — ERPs, SRMs or sourcing tools — to create new supplier records and update transactions. Supplier master data is validated and cleansed automatically while loading.
GEP SMART ’s Supplier Master Data Management tool automatically aggregates, cleans and normalizes supplier data records. It then compares the supplier master data to GEP SMART s Vendor Master for verification and quality assurance.
Supplier MDM processes data in batch and real-time cadences. Real-time services execute at point of entry, record creation and updates. Batch services execute against existing supplier records during migration and initial integration.
Review actions taken by the Supplier MDM tool ensure enterprises have a single, trusted source of truth for all supplier data. Users can centrally govern master data using configurable business rules, enabled processes and workflows.
GEP SMART ’s vendor master acts as a trustworthy primary source for the master data records of every supplier in the enterprise. This ensures that the supplier risk and performance modules are consistently stocked with accurate vendor data.
Supplier MDM removes, duplicates and enriches records with verified updates, ensuring accurate and up-to-date data. It also provides holistic visibility into supplier history and performance across operating units, time, and geography.