Ready access to current and comprehensive data about your suppliers is the first step in making smart sourcing decisions. Relying on a manual process for vendor intake adds days or weeks to the process of supplier discovery and on-boarding. eBid eXchange provides a centralized platform for standardizing supplier qualification, reducing costs for vendor management, and ensuring visibility of key supplier information to support improved risk management and procurement decisions.
Delegate responsibility to your suppliers to complete and update qualification forms at your supplier portal, freeing administrative staff from manual records maintenance.
Apply consistent processes to capture required vendor information and make sure that supplier information is reviewed and approved before contract award.
Configurable forms allow a customized supplier on-boarding process to capture information about supplier capabilities, insurance, certifications, HSE, RoHS, SDN, financial health, experience and personnel.
Make an easily searchable database of qualified suppliers available to all internal stakeholders and allow your team to collaborate in the management of supplier relationships.
eBid eXchange provides the tools to document supplier performance ratings and assessments to trigger corrective action and informed sourcing decisions.
Use eBid eXchange to collect diversity certification data for your suppliers, make qualified suppliers visible and available for engagement, and report on utilization in support of your supplier diversity program.
Maintain a centralized database of vendor insurance certificates and automatically send alerts and reminders in advance of expiration.