Supplier Risk And Performance Management
Unlock the Power of Supplier Performance and Risk Management
Analyze supplier performance events in real-time identify and mitigate supplier-related risks, Drive supplier excellence through tailored development programs Streamline supplier issue resolution with our Supplier Corrective Action Request feature, ensuring prompt responses to quality and compliance challenges
89 end-user companies gave Zycus an overall 4.4 out of 5 in the Procure-To-Pay Suites category on Gartner Peer Insights as of Oct 2023.
Zycus Services Procurement transformed our operational workflow, leading to enhanced service delivery and cost savings
- Chief Procurement Officer
360 degree analysis of Supplier risk and performance management
Proactive Risk Management
Helps buyers to take informed decisions by creating dedicated risk assessments for suppliers, evaluating and quantifying potential risks.
360 degree supplier profile
One place to view the supplier profile. Starting from the risk assessments, and events to SCARs and the development program
Supplier Analysis and Segmentation
Take informed decisions when selecting or retaining suppliers by assessing a supplier's historical performance. Divide the suppliers in different segmentas based on performance and design the approach to tailor supplier management strategies
Unlock Supplier Excellence
Real-Time Performance Monitoring
- Analyze the performance of multiple suppliers in a single event
- Calculate the performance using different Key Indicators
- Suppliers can be invited to recurring events
Elevate Supplier Excellence
- Ensure top-notch quality from your suppliers through the Supplier Corrective Action Request (SCAR) process. This means that you work closely with your suppliers to continuously improve the quality of the products.
- A system that sets clear timeframes for suppliers to address any concerns you raise. This ensures that your issues are resolved promptly and that we maintain the high standards you expect from us.
Nurture Supplier Growth
- Foster collaborative relationships through supplier development programs
- Customized template based program creation for each supplier
- Define tasks and milestones for the supplier to track the progress