The customer is a leading and large global diversified natural resources company. Their core business primarily involves producing oil & gas, zinc - lead - silver, copper, iron ore, aluminium and commercial power with units across Asia and Africa.
- Brining different kinds of out sourcing services into a specific categories and sub-categories across business units or organisations for vendors and suppliers
- Measuring vendor and supplier performance on various parameters manually by validating data from different sources.
- Comparing the vendor performance, finding out best vendors on a particular service category
- Validating the compliances against vendors or suppliers on timely basis to take necessary action or decision
EnWiDTH implemented its VENSCORE application with the following features
- Dynamic scorecard template design based on service categories
- Easy to define scoring criteria for different KPIs of scorecards
- Able to define the user input types to measure the scoring
- Based on importance or priority, the weightage of various parameters can be defined
- It comes with various analytic capabilities which helps us in raking vendor performance
- Scoring can be used for new business PQ with best performers
- Development of low scoring vendors and motivating them for higher performance and benchmarking with others
- Real time integration with SAP for mapping contract information and vendor performance
- Self managed Admin Portal to define Roles, Accessibility, New Categories, Basic Vendor management and Contract life cycle
By Implementing Venscore , Enwidth helped the customer achieve the following
- Timely updates to the management and concerned teams on Vendors performance
- Inform vendors to take corrective actions based on their lower ratings
- More accountability from Vendors ensuring better quality of supplies and services
- Reduced cost as a result of effective controls
- Single dashboard across multiple business Units
- Role based access control restricting users to their concerned Business Unit and Department
VenScore - A Vendor Scorecard Application
EnWiDTHs’ VenScore is a highly configurable Vendor Scorecard Application which helps organizations identify which vendors deliver the best value...