SUPPLIER RELATIONSHIP MANAGEMENT PLATFORM

You have information about your suppliers and you’re measuring their behavior, performance and adherence to the terms of their contract with you. But how do you actively manage that relationship? Knowing that your suppliers are underperforming is one thing. Helping them get back on track is something else. When things go wrong or when you're looking to further enhance supplier performance, you need to have an effective mechanism for handling the process. 

SMART by GEP features comprehensive supplier relationship management functionality to give you a structured and visible way to mediate poor performance and proactively improve relations — simply, transparently and fairly.

Effective supplier relationship management needs active interaction and collaboration between you and your suppliers. To enable this, you need an effective governance structure, the right supplier engagement model, and a number of focused, joint activities. 

SMART by GEP lets you define the actions plans, assign the stakeholders and measure the results for all your supplier engagements. Each plan can incorporate many actions with different stakeholders, building to a comprehensive plan for supplier relationship improvement. With a simple, effective mechanism in place to manage your supplier relationships, you can move on to the next critical thing – supplier-driven innovation.

Back to Supplier Management

GET UP-TO-DATE, ACCURATE AND RELIABLE SUPPLIER INFORMATION WITH SMART BY GEP SUPPLIER MDM

Spend Analysis ToolMulti-System Integration
Multi-System Integration

SMART by GEP 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.

Savings Tracking ToolData Integrity
Data Integrity

SMART by GEP’s Supplier Master Data Management tool automatically aggregates, cleans and normalizes supplier data records. It then compares the supplier master data to SMART by GEP's Vendor Master for verification and quality assurance.

Sourcing ToolIterative Processing
Iterative Processing

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.

Contract Management ToolWorkflow & Administration
Workflow & Administration

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.

Supplier management ToolVendor Master
Vendor Master

SMART by GEP’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.

Purchasing ToolLive Supplier Record
Live Supplier Record

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.