Supplier Impact – Rank Your Suppliers Like Never Before

Supplier Impact rewrites the rules for evaluating your vendor relationships by alerting you which suppliers are improving your business, and which are pulling you down. For the first time, good and bad product outcomes—e.g., yield, waste, shelf life, or customer satisfaction—can be connected back to individual raw materials and their suppliers. This changes everything, as you rank-order your suppliers on business-critical KPIs, not just price or on-time delivery.

Automatic Warning: Spot Risky Suppliers Early

Supplier Impact gives you the power to continuously track each supplier's trend over time, so that you can evaluate which suppliers are beginning to make quality improvements, and which suppliers are continuing to slip. The system's Supplier Risk Indicator constantly scorecards each supplier on numerous critical risk factors, including in-spec trends, audit scores, variations to spot lab tests by you or third parties, and many other factors that your existing systems simply cannot track. The early warning system catches problems before your customers report them and you pay for them.

Measure the Impact Each Supplier Makes on Your Business

Are you interested in reducing your cost of goods manufactured (COGM) by 1-4%? How about lowering your cost of poor quality (COPQ)? With Supplier Impact you connect product outcomes back to individual supplier's raw materials, and receipts. Knowing how an individual ingredient lot impacts yield, manufacturing set-up, on-the-fly reformulations, and other cost drivers gives you important insight into raw material selection, purchasing preferences, and long-term vendor relationships.

The Next Big Win-Win: Continuous Feedback to Your Suppliers

Rejects and charge-backs due to out-of-compliance raw materials are a Lose-Lose for both you and your suppliers. In the short-term, your suppliers are burdened with the cost of rejects, but at contract renewal the cost may be passed back to you. And material shortages cost you in both the short- and long-term.

By selectively sharing with suppliers their rankings on performance to specifications against their anonymous peers, you expand the dialog way beyond price and delivery. Supplier Impact lets your suppliers know how they rank and trend against their own claims as well as against their competition, without revealing your other purchasing relationships.

Turn the Dust in Your COA File Cabinets into Gold

Whether you get supplier COAs as electronic files (Excel, PDF, Word, etc.) or on paper, you end up storing them vs. leveraging them for continuous business improvement. Supplier Impact turns static COAs into actionable intelligence for continuous business improvement. The fog begins to lift for both you and your suppliers as patterns begin to emerge. Impact on quality, cost, customer, and consumer satisfaction are all tied back to suppliers, raw materials, and even specific lots.