Bamboo Rose

Supplier Relationship Management 

Streamline and optimize interactions with your suppliers, fostering collaboration, transparency, and efficiency throughout the supply chain.

Strategically Assess, Monitor and Improve Supplier Performance

Managing supplier relationships presents significant challenges in today’s business landscape. Maintaining accurate supplier data is crucial to prevent operational disruptions and stay competitive. The dynamic nature of supplier information necessitates constant updates to avoid outdated data hindering supply chain agility. Further, effective collaboration and streamlined onboarding processes are vital for accelerating speed to market.

Our Supplier Relationship Management Platform can help you overcome these challenges. From onboarding new suppliers to managing vendor compliance as regulations change, our solution empowers you with actionable insights and tools to enhance communication, mitigate risks, and drive continuous improvement in supplier relationships.

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Mastering Retail Supplier Collaboration & Management

On Demand Demo: Supplier Relationship Management

Dive into the key strategies and best practices essential for success in today’s dynamic retail landscape. Expect to learn about:

  • Efficient Supplier Onboarding
  • Supplier Engagement
  • Streamlining Compliance Processes
 

Supplier Assessment

Begin your supplier management journey with a quick and efficient assessment to activate suppliers, identify areas of risk, and inform action plans.

Our Supplier Assessment is a custom project whereby the Supplier Relationship Management platform is leveraged to gauge where suppliers are on their individual journey as it relates to your focus areas.

It is the most efficient and actionable method to start engaging your suppliers on a range of issues.

One simple assessment can include:

Responsible sourcing

Diversity and inclusion

Materials of Concern

Plastics and packaging

Sustainability

Social risk/compliance

Supplier Assessment Timeline and Steps

WEEK 1-3

Preparation and Kickoff

WEEK 3-5

Set Up & Onboarding

WEEK 5-10

Pilot Phase

WEEK 9-12

Evaluation & Conclusion
Trusted by the world’s largest brands

Empowering Retailers to Achieve Tangible Results

Walmart

Using the SRM Platform to engage and communicate with suppliers, Walmart was able to benchmark their GHG emissions. Through this project, Walmart successfully removed 20 million metric tons of GHG emissions from their global supply chain – the same as taking more than 3.8 million cars off the road for a year.

“Whether it’s packaging reduction or logistical efficiency that has an environmental benefit, we need to capture that and be able to roll it up to talk about the impact that it’s having.”
Rob Kaplan, Director of Product Sustainability @ Walmart

Woolworths

Collecting data around the country of origin from hundreds of suppliers over a large product portfolio can be a daunting task. But our SRM platform can break down complex tasks into manageable chunks – the end result being a high supplier response rate and therefore more complete data.

Woolworths was able to capture 70% of product data for more than 40 product categories, covering 500 suppliers in 8 weeks.

“The SRM played an important part in achieving our goals.”
Ward Duvall, Strategy Director @ Woolworths

Want to kick your supplier management efforts into high gear in 12 weeks or less? 

Contact your account executive or hit the button below to learn more about pricing and how to get started.