SOLBJERG, Denmark, Oct. 17, 2019 /PRNewswire-PRWeb/ -- Scanmarket, a market-leading strategic sourcing provider, today announced the release of their newest version of Supply Base Management (SBM). With this release, Scanmarket further solidifies its unique position as the provider of strategic sourcing solutions that are simultaneously easy-to-use and implement as well as delivering cutting-edge functionality.
"Most organizations know that they should be better at using technology to manage their supply bases," said Betina Nygaard, CEO of Scanmarket A/S, "The challenge has always been finding the technology with the right balance of functionality and ease-of-use, so that your team will actually use it to get the job done. With today's release of SBM, that technology is here. We are excited to put this in the hands of our customers so they can better collaborate, manage risk, improve compliance, and reduce costs."
With Scanmarket's new SBM, you get:
- Supplier performance management with questionnaires, scorecards, KPI, etc. for a 360-degree supplier view
- Portal for suppliers to manage their own profiles including certifications, files, contract information, questionnaires, etc.
- Automated onboarding/registration with customizable supplier portal, offering complete buyer control and approval
- Communication and messaging functions, both ad-hoc and scheduled to ensure all information and attachments are updated by suppliers
- Advanced search, filtering and reporting for all supplier information
- Ongoing monitoring of compliance, sustainability and operational risks
- Dashboards for eSourcing events and contracts, available for all suppliers, spectators and stakeholders
- Operational integration with ERP and other Supplier Master Data tools
- Instant 24/5 Quick Call support from eSourcing experts
- 21 languages supported by the platform
The benefits from these new features are tangible and result in real-world results including:
- Improved collaboration internally and externally
- Lower annual management costs per supplier
- Better supply incident response
- Faster supplier on-boarding and time-to-market
- More efficient sourcing execution
Continued Nygaard comments, "The business case for tech-enabled Supply Base Management is clear. Now the tools are finally in place for organizations to take full advantage of SBM and drive better business results."
Scanmarket's new SBM modules joins seamlessly with our other modules for Spend Analysis, Project Management, eRFx, eAuction, and Contract Management to create a comprehensive end to end platform for Strategic Sourcing, all supported by Scanmarket's expert consultancy and award-winning Quick Call service.
About Scanmarket
Scanmarket (http://www.scanmarket.com) is a market-leading Strategic Sourcing provider, delivering superior bottom-line results in savings, transparency and efficiency to hundreds of organizations globally. We achieve this by dramatically increasing adoption and volume through a proven cloud-based platform that is easy to use, easy to get expert support, and easy to do business with. Companies frequently see gains of >300% in adoption and volume when switching to Scanmarket. Whether it is Spend Analysis, Project Management, eRFx, eAuction, Contract or Supplier Management, or Consultancy Services, we can help your organization get the results you need.
Scanmarket: Sandra Laursen, [email protected], +45 4527 5900
SOURCE Scanmarket
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