With BravoAdvantageTM Supplier Value Management, you gain a comprehensive view of your organisation’s suppliers across the entire procurement process. This makes every step of the procurement process more efficient and effective.
Deploying BravoAdvantage Supplier Value Management allows you to clearly see summary of interactions with suppliers, understand supplier interactions in process, and create fact-based improvement plans for continuous supplier development. Build recognition as a vital business function, predicting and mitigating risk while influencing organisational direction, strategy, brand, profits and growth.
BravoAdvantage Supplier Value Management extends beyond basic supplier scorecards to provide you with a comprehensive 360° view across the procurement process into the supplier’s information and activities. Anticipate outcomes by understanding and getting ahead of high-risk supplier scenarios. Real-time visibility across the entire supply chain allows you to monitor and take action when the warning signs of supply base disruptions occur.
BravoAdvantage Supplier Value Management will improve your strategic decision-making by accessing supplier lifetime value at every stage of the strategic procurement process with:
- Supplier onboarding: Streamlined assessment process to ensure registered suppliers meet requirements
- Supplier qualification: Capability assessment for business principles, category, process and technology
- Segmentation and risk management: Segment your supply base by category, risk and performance management to track supplier performance over time
- Development and innovation: Supplier development through improvement and action plans
- Supplier 360° end-to-end visibility: Comprehensive access and transparency to accurate and timely supplier events throughout the procurement process
BravoAdvantage Supplier Value Management takes you to the next level of supplier engagement with information that is accurate, flexible and real-time. With BravoAdvantage, you will mitigate risk, improve compliance and provide visibility into the entire supply base throughout the complete strategic procurement process. Let BravoSolution help you add more value to your supplier relationships. Learn more here.