Do you set KPIs and benchmark suppliers?

Setting KPIs and benchmarking performance against them should be a routine process for any buyer these days. It’s common knowledge however that there are still many companies not getting this right; millions are being lost through the bad management, and poor performance of suppliers and service providers. It’s also known that suppliers and service providers […]

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Biznet Launch New Dashboard Functionality

Dashboards- The best just got better. BiznetP6, Biznets world class Supplier Performance Management solution, now comes with fully dynamic- real time performance dashboards. Users can now see, in real time, how suppliers and operators are performing against strategic Key Performance Indicators. This visual representation, such as the image below, gives executives a quick and easy […]

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Best Practice for Managing Supplier Relationships

Importance of Supplier Relationships Recent studies have shown that poor supplier relationships have cost US automakers up to $2 billion. For all of these organisations value from their suppliers was lost by failing to manage and unlock the additional value from relationships. Many of the advantages of working with a supplier that were tirelessly identified […]

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