Customer Success Tip: Supplier Performance Management Overview

Want to maximize value from supplier relationships? Look to Scout’s Supplier Performance Management tool.

How does Supplier Performance Management help you?

It enables sourcing professionals to:

    • Easily track supplier performance and quickly gauge impact to the business
    • Gather comprehensive feedback from stakeholders
    • Share development plans to increase value from the supply base
    • Standardized review templates across your KPIs
Why use it?

The Supplier Performance Management tool can help your team move beyond purely transactional Supplier Management to something far more strategic. Scout gives you the capability to create and track Performance Reviews and Action Items all in one centralized location.

What value does it bring?

Supplier Performance Management helps sourcing teams to:

  • Manage Risk. Consistently review suppliers value to your business and quickly assess the relationship history.
  • Maximize Value. Establish action plans to develop more valuable relationships with suppliers, quickly identify when new suppliers are necessary.
  • Improve Compliance. Easily manage reviews to ensure ongoing compliance in case supplier business changes or for new requirements such as the GDPR.

If you have any questions about Scout’s Supplier Performance Management (or anything else in the Scoutisphere), drop us a line at

Most Recent Posts

Developing Success in Sourcing: Meet Sandra Tedt, Principal Product Manager

Nearly two years ago, Scout’s innovative solution and opportunity for growth stood out to one forward-thinking product leader who was looking for her next opportunity. Read on to find out more about why Scout fosters such an exciting and supportive environment for career development. In our Meet the Scouts series, we get to know the… read more

How UBER Drives Scale and Standardization in Sourcing

What’s the secret to scaling and standardizing your sourcing strategy? Watch this Throwback Thursday video and learn how Uber’s Head of Global Strategic Sourcing has focused on people, process, and technology to deliver impact beyond a savings number. “I think everyone’s at Uber is a Scout user here, so you know how easy it is… read more

4 Ways to Attract Talent

4 Ways to Be a Magnet for Top-Performing Sourcing Talent

When it seems like every company is using the latest technology to find new talent, touting never-ending perks, and aggressively poaching up-and-comers, how do you set your company and your procurement team apart? How do you attract, retain, and develop a stellar procurement team that will give you a competitive advantage? Don’t worry, this isn’t… read more