Vendor relationships are managed rather than engaging. Vendors are treated as sources of supply and their performance is reviewed internally and when vendors do not meet expectations alternative options are evaluated.
Goals and Objectives
The objective is to treat vendors as collaborative partners in the value chain by equipping them with the tools and insight to proactively improve their performance and add additional value to the relationship.
Software:Cloud, industry cloud, BDA, and social
Services:Business consulting and IT services
Use Case Summary
An automated, near-real-time connection to suppliers to trigger replenishment of raw material