Supplier Scorecard
Picking the right suppliers to fulfill business needs, no matter how powerful the supply chain team is costly and time-consuming. Companies should fundamentally rethink the nature of key supplier relationships to handle this enormous diversity of partnerships. The concept of a completely integrated supply chain is an effective strategy to improve in all these areas.
- Report Order fulfillment metrics
- Analyze Cost reduction trends and vendor funding
- Identify Product quality issues
- Assess Supplier product sales growth and profitability
- Analyze Inventory performance
Consolidated Supply Chain
Knowledge of supplier metrics enables you to drive value during negotiations and helps you rank suppliers on their performance. You can curb out problem suppliers to consolidate your supply chain. The consolidation of the supply chain allows you to reduce the number of suppliers - streamlining the purchasing process and making budgeting a far simpler task.
Continuous Improvement of Operations
You can work with your suppliers to improve their performance by figuring out opportunities for continuous improvement (Kaizen). Additionally, establishing and monitoring supplier goals and targets helps you to assess your suppliers.
Reduce Price Volatility
A holistic view of your suppliers helps you to prevent cost creep and leverage opportunities for cost savings. You can improve the sales performance and profitability of your assortment by actively managing suppliers. You can also systematically obtain funding from vendors for promotional programs to stimulate demand
Case Study
Understanding customer purchasing patterns through analysis of how products are purchased together
Labor productivity analytics focusedd on optimizing labor allocation to meet customer service levels
Insights on market product and customer trends and how Ingles is performing compared to the industry
Consolidated holistic view to supplier performance, including metrics on vendor fulfillment performance, sales, profitability, inventory performance and product quality issues
A comprehensive solution that leverages pricing strategies, rules and statistical modeling to recommend optimal regular prices
Systematic insights that highlight loss trends and patterns and identify processes, products, vendors and associates that result in high losses
Insights into assortment gaps (both across products and across stores), underperforming products and underserved customer needs.
Navigate the business impact of any crisis with proactive response strategies to key risks related to Supply Chain, Sales, Finance and Workforce
Increase customer loyalty, minimize customer churn and drive more value from existing relationships
Data driven actionable insights on workforce composition, recruiting, retention, diversity, turnover and Workforce ROI