Performance
Management and Scorecarding

There’s a problem plaguing virtually every procurement department in the world. The number of suppliers per organization has been steadily increasing at a rapid rate and the information associated with those suppliers has been rising even faster. The consequence of this data explosion? Deloitte reports that 50% of CPOs have little to no visibility into their Tier 1 suppliers, a number that rises to 90% for Tier 2 suppliers. If this number sounds scary, it should be; external purchasing is the leading cost for most organizations.

Performance Management and Scorecarding

There’s a problem plaguing virtually every procurement department in the world. The number of suppliers per organization has been steadily increasing at a rapid rate and the information associated with those suppliers has been rising even faster. The consequence of this data explosion? Deloitte reports that 50% of CPOs have little to no visibility into their Tier 1 suppliers, a number that rises to 90% for Tier 2 suppliers. If this number sounds scary, it should be; external purchasing is the leading cost for most organizations.

Build Custom Surveys

Build Custom Surveys

With Vendorful, you can easily create different surveys that map to different kinds of providers. There’s no need to establish uniform scorecard criteria for all vendors.

  • Point-and-click survey builder

  • Propagate changes and updates

  • Leverage constrained and unconstrained data

Build Custom Surveys

Build Custom Surveys

No need to make decisions in the dark. Use the data you gather to build a
holistic understanding of the performance of each vendor.

  • Point-and-click survey builder

  • Propagate changes and updates

  • Leverage constrained and unconstrained data

Free Yourself with
Automation

Free Yourself with Automation

Once you configure your vendor management and strategic supplier performance scorecard, it just works. Kick back and relax while Vendorful does its magic.

  • Associate the survey(s) with the vendor

  • Set a cadence that makes sense

  • Assign stakeholders

See how much more productive you can be when using the right tools for the job.