As a first step into alleviating these issues is a shift to a digital Source to Contract Suite (S2C) software which enables businesses to obtain the supplier results necessary through a combination off added value solutions such as e-Sourcing tools to generate requests for information, quotes and proposals (RFX) and vendor selection, Contract Lifecycle Management (CLM) tools for creation and management of contracts and supplier risk and performance management. No clear spend visibility, non-standard processes with the appropriate follow up and lack of creation and management of the contract agreements are only some of the pain points today’s businesses might be facing. As easy as it may sound, selecting suppliers and eventually following a performance process can be considered two major challenges in an enterprise’s supply chain. Performance is in many cases linked to the correct selection and capabilities of suppliers within an organization putting a lot of pressure on the skillset of employees.

By Brainbox Consulting Procurement juni 16, 2020Ī crucial parameter for business success defined by quality and competitiveness in today’s fast economy is the performance of suppliers.

Contract management in ariba