PerforMIS SPM
Biznet’s Supplier Performance Management tool PerforMIS SPM was developed to measure, analyze, and manage an organization’s performance in an effort to improve the relationships with suppliers, cut costs, alleviate risk and drive continuous improvement.
PerforMIS SPM provides a superior management tool for assessing the operability of any business while creating a challenging and dynamic motivational environment for attaining improved supplier performance throughout.
PerforMIS SPM facilitates the creation and easy capture of scorecard data and surveys, populates customizable calculations as key performance indicators, and displays the results on a graphically rich information dashboard giving strategic overview to the user.
Automated alerts and corrective action items can be generated for immediate, weekly or quarterly review enabling companies to drive compliance and manage their suppliers more effectively.
PerforMIS SPM provides users with numerical parameters in KPI creation to allow for a quick visual snapshot on problem areas when reports are generated. A company’s procurement team and suppliers can use the system to run their own comparisons on how they or their suppliers are performing across different locations.
Overall, PerforMIS SPM provides a superior management tool for assessing supplier performance while creating a challenging and dynamic motivational environment for attaining improved supplier performance across any organization.
Key Features/Functionality:
Scorecard Data Collection
Survey Data Collection
360 degree Surveys
Offline Data Entry
Approvals Process
KPI Builder
Report Builder
Advanced Reporting
Advanced Reporting Filters
Reporting Portal
Statistics
Action Items
Performance Slide Filters
Geographical Performance Map
Performance Heat Maps
Risk Management Module
Planned Reviews
Supplier Profiles
New Functionality:
Geographical Performance Mapping
View supplier performance across their areas of operation. An operators suppliers operate in multiple locations across the globe. This module allows users to view this performance from a geographical perspective. Each location they operate in will have an associated color score (red, amber, green) based on their performance for that service in that location. Hover over that score and you will see the breakdown, by section, of their performance which together drives the overall color score for that location.
Performance Slide Filters
Another way to graphically show supplier performance. Users can use sliders to filter out suppliers who fall below certain scores. Sliders are grouped by section (e.g. HSE, Cost, Efficiency, Innovation), and users can modify the sliders position to filter out those suppliers who fall below specific scores. This leaves the user with a sub-set of suppliers performing at or above the ranges set, allowing them to focus attention on them.
Supplier Heat Maps
This is a dashboard report which allows the administrator to define specific time periods for comparison. The report then provides a color-coded representation of the variance between the pre-set time periods for a variety of scores (Performance, Satisfaction, Commercial). The user can drilldown through the report based on the company hierarchy i.e. Sectors/Sub-sector, SPU/BU/PU, geographical locations and view the variance in scores for a particular supplier/supplier group for a specific timeframe.
Reporting
Reporting is the ability to view scorecard data, via KPIs, for a specific supplier(s), location(s), and time period, rolled up and grouped by supplier, allowing user to compare supplier A vs. B vs. C for the same service. Each KPI can also be viewed as a graph, allowing A vs. B vs. C to be displayed together on the same graph. KPIs can also display colour-coded ranges of red, amber, and green which allow the user to immediately see performance. Supplier users can see data for their company only.
Reporting Portal
The ability to run reports and publish them to a central repository, allowing authorized users to view these reports as and when they desire.
For more information on the benefits which can be gained from a SPM program please see our Learning Zone or contact performis@BiznetPM.com
