VIZIBL SRM

Supplier Relationship Management

SRM comes with proven benefits for efficiencies, cost reductions, agility, and resilience, yet procurement frequently lacks the information and governance required to make the most informed and effective decisions about their relationships. Siloed, offline ways of working and fragmented data sources lead to difficulty accessing information, and managing relationships becomes a slow, friction-filled process. Robust relationship management becomes impossible to achieve at scale.

Vizibl's Supplier Relationship Management provides one centralised information repository for all relationships at the touch of a button, allowing you to implement transparent, standardised processes underpinned by real-time, single source of truth data.

Vizibl SRM OVERVIEW

Strengthen your supplier relationships

Robust management provides the foundation for more valuable supplier relationships, helping find new efficiencies, uncover further cost reductions, drive innovation potential, and mitigate risk.

Find new efficiencies

Effective supplier relationship management technology streamlines procurement processes and allows for better quality communication and the sharing of feedback and ideas to optimise the workings of the relationship.

Reduce costs

Consolidating supplier information and performance data finds new time and resource efficiencies which free up capacity in the team. Improved supplier relationships can negate the need for costly re-sourcing, and bring cost savings under the ethos of mutual benefit.

Pre-empt risks

Full visibility over your supplier relationships allows you to identify potential issues before they arise, make proactive course corrections to maintain good performance, and find the right person to contact instantly.

Platform features

Explore Vizibl SRM

Establish, govern, and optimise key supplier relationships, all in one place. Build a joint vision and account plan with key suppliers, supported by shared, measurable objectives. Access up to date information, implement consistent processes, and drive robust people governance to find time and resource efficiencies. Track and manage supplier performance quantitatively in real time, ensuring you’re driving the most up to date insights to support continuous improvement.

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Supplier Relationship Management Datasheet

A key component of the Vizibl Supplier Collaboration and Innovation solution, our Supplier Relationship Management module allows you to view all supplier relationships at the touch of a button and implement standardised processes underpinned by real-time, single source of truth data. Get the datasheet to learn more.

Get the datasheet

VIZIBL WORKS FOR ALL

Vodafone uses Vizibl to get unique insights into supplier performance and innovation.

“Vizibl gives us a centrally managed platform that helps us provide the structure and reporting tools needed for key proof of concepts and supplier innovation projects to flourish.”

- Ninian Wilson, CEO, Vodafone Procurement Company

Read Vodafone's story