The Vendor Performance Evaluation is the structured set of information relative to the Vendor’s performance during and after the procurement cycle for the delivery of specific equipment and services. Manage performance evaluation processes of your Vendors on SupplHi through effective surveys evaluated and approved by colleagues during the lifecycle of the supplies. The standard model is based on the best international practices in the industrial world and setup allows to better reflect your needs.
Unique Features
B2C-inspired simplicity
Simplicity in the logics, based on the SupplHi standard Performance Evaluation Model for the industrial world, with results that are trusted and made actionable.
Less time by colleagues
Shorter questionnaires to colleagues, embedded in a fast, easy to use digital tool. Less questions and less wording reduce time of Evaluators and Approvers compared to long questionnaires.
More observations
Perform Evaluations not only on purchase orders of the highest value, increasing the frequency of observations and have larger and more timely data.
“Real time” signalling
Prompt release of Evaluations once approved in each survey, without waiting for the full Evaluation cycle to be completed. Easy monitoring of the Evaluation process status and of the actors involved.
Effective utilization of the output
Leverage on the Vendor Evaluation for managerial decisions in next bids (e.g. in tabulation) also through the presence of managerial dashboards to read results at vendor, category, project and division level.
Automatization in the inputs
Easy system integration with data already available within your ERP (e.g. Delivery time, Non-Conformities, …) to increase observations and provide more inputs to Evaluators and Approvers.
Rating by Production Location
Evaluate the performance of the supplies by production location, giving you accurate information on performance evolution of a single production location of a Vendor – similarly to the Vendor Qualification process.
Evaluate sub-Vendors
Leverage on the “Points of Attention” (PoA) to evaluate the performance of sub-Vendors that are increasingly relevant for the management of your supply chain.
Rating at Vendor’s group level
Consolidate evaluations at Vendor’s group level – particularly relevant for multinational vendors able to deliver the same supply from different legal entities.
Case Study
Client is a global leader in EPC of complex projects, onshore and offshore in the Energy industry with operations in 60 countries.
Situation
Client has an existing internal tool to perform Vendor Evaluation after the placement of the purchase order that is too complex and produces outputs with low significance.
Complication
Multiple Divisions have different needs, highlighting willingness to use the output of the Vendor Performance Evaluation for short listing and tabulation in the next bids.
Results
SupplHi reduces time of resources involved in the Evaluation and Approval of the performances of your Vendors as well as risks of using non-performing Vendors.
Discover other Solutions
Vendor Scouting
Access to Vendors’ basic information that are immediately available on the SupplHi platform across the geographies and categories of supply of your interest.
DISCOVERVendor Information assurance
Access to information provided free-of-charge by Vendors on SupplHi, made visible after the constant quality assurance and expedite by the SupplHi Team.
DISCOVERVendor Qualification management
Manage and track your Qualification evaluation and approval processes related to a Vendor in a specific category(ies) of supply and production location(s).
DISCOVERAssessment Visits
Plan, generate and share with the industry reports of qualification assessment visits at Vendor’s production locations based on the standard model created by SupplHi.
DISCOVERVendor Lists management
Create, follow and share any type of List of Vendors - e.g. Company Master Vendor List, Project Vendor Lists - performing quick matching among them.
DISCOVERVendor Performance Evaluation – Industry shared
Access to vendor performance evaluations aggregated across multiple Buyer organizations and communicated to Vendors in order to drive improvements.
DISCOVERVendor Financials and Compliance
Access to Financials and Compliance data - including rating indicators - on your Vendors and Sub-Vendors, integrated in a single vendor management system.
DISCOVERSupply Chain Sustainability
Monitor the Sustainability performances of your Vendors and Sub-Vendors - covering Human Rights, Environment, Local Content, Ethics, Circular Economy.
DISCOVERVendor Campaigns and RFIs
Launch and manage campaigns to a highly-targeted audience of Vendors - e.g. by Category of supply, geography - to request clarifications or information.
DISCOVERNews
2018
SupplHi presenting alongside Bain, BHGE, Eni, Maire Tecnimont, Rina, SBM Offshore, Schneider Electric and Snam on role of startups in B2B industrial
READ MORE