The performance of your vendor partners directly affects your company’s competitiveness, production efficiency, risk exposure, and cost structure – especially with increasing globalization and vendor outsourcing. Allowing potential supplier partners to self-register within a process that aligns with your organizational requirements can help ensure you have the right data & insights at the best time … before you actually need it.
Being in service for more than 20 years helping global organizations across most industries, we have gained intimate knowledge around ongoing vendor and supplier management challenges. As such, we have created proven tools, requested by practitioners just like you, which are easy to implement and compatible with both pre-existing software applications and emerging technologies.
We recognize that your needs may be unique and therefore we allow each client partner to configure EC Supplier with the fields and data requirements that matter most to your organization. We can also share insights from our experience to help with this based on your industry, spend profile, category management strategy, and goals.
Supplier solutions for & by practitioners like you
Capabilities Snapshot:
Digitize the supplier onboarding and registration process per division, business unit, or across the entire organization
Supplier information management (SIM) system that improves communication and adherence to the organization’s supplier relationship management (SRM) program
Assess vendor capabilities, financial solvency, product &: service quality, risk factors, and pricing together in one place
Group information required by your organization into a single comprehensive system
Provide easy access, review and communication regarding key documents across all supplier &: organizational stakeholders
Drive compliance for all supplier-related documents &: surveys (IT, risk, financial, insurance, CSR, etc.) to ensure they are up to date and in the correct format.
Configure proactive alerts and notification to the supplier documents &: expirations most important to the organization.
Simplify the process for vendor partners that wish to promote value-added services or innovative ways to improve your value &: cost structure
Seamless transition to other EC Sourcing Group solutions or leverage our open API to integrate with your existing financial, procurement, and supply chain tools.
Our teams have experience in the RFP trenches and partner with sourcing leaders to accelerate the impact of digital & procurement transformation initiatives – all while improving results and supplier performance
EC Supplier is our supplier information and relationship management module that helps procurement leaders and their teams to consistently manage the data, documents, certifications, and ongoing communications to optimize the performance of their vendor partners.
EC Supplier is continually enhanced to align with industry best practices in terms of data security, regulatory compliance, and SaaS – specific deployments for Global Supply Chain, Sourcing, Procurement, Purchasing, and Finance professionals across virtually all industry segments.
Experience dynamic technology that helps put an end to…
Impossible–to–find project data you’ve used previously
Internal audits that are painful because of lack of documentation
High costs due to data integrity & integration challenges
Stakeholder & supplier frustration with the tools or process
Are You Faced with These Vendor or Supplier Management Challenges?
Does your team have difficulty finding, revising, and maintaining supplier information? Is obtaining supplier-related documents cumbersome and time consuming today? Is performing annual supplier inquiries to comply with ongoing financial, IT, regulatory, or other risk areas difficult and tedious? EC Supplier helps you and your team overcome all of these challenge areas in one easy to use and configurable solution.
"We monitor the market and evaluate other options on a regular basis but we still have not found a product that is this easy to use ‐ so we stay!"
CLIENT TITLE
INDUSTRY
RELATIONSHIP
PROCUREMENT LEADER
MANUFACTURING & DISTRIBUTION
CLIENT PARTNER
CLIENT TITLE
PROCUREMENT LEADER
INDUSTRY
MANUFACTURING & DISTRIBUTION
PROCUREMENT LEADER
CLIENT PARTNER
"I have been in wireless for 12 years and this is the best RFI/RFP process that I have experienced, streamlined, concise, and easy to understand."
CLIENT TITLE
INDUSTRY
RELATIONSHIP
VICE PRESIDENT, SALES
TELECOM
GLOBAL SUPPLIER
CLIENT TITLE
VICE PRESIDENT, SALES
INDUSTRY
TELECOM
PROCUREMENT LEADER
GLOBAL SUPPLIER
"They understand what you need and how you want to receive it because they've lived in your world."
CLIENT TITLE
INDUSTRY
RELATIONSHIP
SENIOR ANALYST
SPECIALIZED CONSULTING FIRM
CLIENT
CLIENT TITLE
SENIOR ANALYST
INDUSTRY
SPECIALIZED CONSULTING FIRM
PROCUREMENT LEADER
CLIENT
"Your software is great! I have been involved in many of these (e-sourcing negotiations) and in fact just finished one last week for a Fortune 20 Healthcare Company. Your software is much less complicated and more user-friendly than any of the other ones I have used."
CLIENT TITLE
INDUSTRY
RELATIONSHIP
SALES EXECUTIVE
MANUFACTURING & DISTRIBUTION
SUPPLIER
CLIENT TITLE
SALES EXECUTIVE
INDUSTRY
MANUFACTURING & DISTRIBUTION
PROCUREMENT LEADER
SUPPLIER
MANAGE SUPPLIER CONTRACT DATA & EXPIRATIONS
Proactively Manage Supplier Performance Terms, MSAs, SOWs, and Expiration Dates with EC Contracts
Is your procurement department managing its activities in a reactive manner based on requests from the business for contract renewal or review? Is there an opportunity be more proactive, strategic, and forward-thinking?
EC Contracts contract repository and contract management module works seamlessly with other EC Sourcing Group solutions or can integrate with your existing procurement, supply chain, or financial software applications via our open API architecture.
Following an eSourcing event or any strategic sourcing process, one of the most important actions is to ensure that the business-related terms, service levels, and expectations you work so hard to negotiate actually make it into the contract. Having visibility to these areas across the organization can help procurement teams, category managers, and operations to optimize value and savings-related earnings improvement.
Our organization understands that each client partner is unique with regards to the contractual insights and dimensions that are most important to its procurement personnel. Managing expiration dates, pricing details, and what vendors the contracts are with are likely important areas for all organizations.
ORGANIZATIONS MAY WANT TO QUERY CONTRACTS ON DIMENSIONS SUCH AS VENDOR, CATEGORY, SUB-CATEOGY, SKU #, DVISION, COST CENTER, DISTRIBUTION CENTER, FACILITY, DIVERSITY STATUS, LOCATION, OR EVEN SPECIFIC SLA
EC Sourcing Group’s configurable solutions are flexible and currently serve the contract needs of many different types of organizations. Retailers, food companies, healthcare organizations, education organizations, manufacturers, financial & investment companies, technology organizations, and select government contractors leverage our solutions for their needs.
ANY CONTRACTING PROCESS, PROJECT MANGEEMNT STEPS, OR OTHER WORKFLOWS CAN BE AUTOMATED & DIGITIZED BY ADDING EC WORKFLOW TO THEIR EXISTING MODULE(S) SUBSCRIPTION
As with all of our solutions, EC Contracts, is compatible with any of our modules as well as your existing ERP, CRM, expense management, vendor management, eProcurement, transportation management, or other financial & supply chain applications which it can connect with via open API.
Digital-related transformation projects have marched up the priority list with a marked increase in departments looking to leverage advancements in technology to accelerate value.