Without monitoring and corrective action, the value of Supply Management can erode over time. Suppliers revert to their old ways; contracts get lost and spot purchases increase.

Verticalnet Supply Performance applications enable companies to measure enterprise-wide supply and supplier performance and take corrective action measures when results are not as planned and to manage under performing suppliers. The results of Supply Performance feed the strategy process, delivering many of the non-price award decision factors used in Supply Strategy and Supply Selection.

Supplier Scorecards extract performance data from disparate systems across the enterprise to present a single view of supplier performance that can be analyzed to determine the root cause of supplier performance issues. Scorecards can also be securely shared with suppliers over the Internet, so that suppliers can proactively manage and correct performance issues.

Supplier Corrective Action Request automates the process of documenting supplier performance issues. Performance issues are documented and corrective actions are initiated and tracked ensuring resolution.

Category Business Centers provide category-specific, modular, web-enabled applications that simplify and facilitate ongoing category management providing visibility into category dynamics, enabling you to minimize total costs and realize the full benefits of your sourcing investments.