WHITE PAPER

Supplier Performance and Financial Impact: Connecting the Dots

The Supplier Performance Whitepaper discusses what supplier performance metrics are, why these benchmarks are vital, and what practices you can follow to improve efficiency, accuracy, speed, and agility in managing your supplier performance.

Download now and unlock the potential of an optimized supply chain

Did you know?

57% of business leaders recognize that greater transparency and control over supply chains are needed to minimize disruption-related costs and maintain operational efficiencies.

74% of Chief Procurement Officers choose operational efficiency as a primary objective.

40% of supply chain companies identified delivery delays as their biggest problem.

90% of procurement leaders said they need to view supply chain data by geography, but only 73% can easily access it.

The new economic, technological, and social realities have fundamentally shifted how suppliers perform. Manufacturing firms increasingly focus on their core competencies and consign to suppliers to design, develop, and deliver innovative, high-quality components. As a result, there is immense pressure on suppliers to perform well. As customers’ expectations evolve for quality products and services to be delivered on time, so does the need for companies to adopt best practices to improve supplier performance and exceed customers’ expectations.