What is Supplier Performance Management?

Supplier performance management is a system designed to help businesses track and evaluate the performance of their suppliers against predefined key performance indicators (KPIs). The system features advanced tools that can be used to gain end-to-end visibility into the supplier base and identify supply-related risks.

Procurement teams can also use supplier performance data to make informed decisions, collaborate more effectively and build mutually beneficial, long-term relationships with suppliers.

Learn more about GEP’s supplier performance management services and supplier performance software solutions.

Related Terms

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