| DiversityQuest Performance Management
Managing your supplier’s performance is a continuous challenge organizations face every day. The CVM DiversityQuest Performance Management gives you fully integrated supplier performance data collection and supplier score carding thus enabling your buyers to rank your supplier performance. Our score carding provides you with feedback forms on specific data elements which we translate into easy-to-understand performance criteria that are reflected in your suppliers’ profile.
This robust performance module enables you to:
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- Have your supplier conduct self-reporting
- Allow your internal users to evaluate their suppliers
- Establish a supplier score card
- Conduct necessary corrective action
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The CVM Performance Management is the most dynamic, user-friendly supplier performance data management and measurement tool in the market that provides you with:
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- User-maintained forms for supplier performance data collection
- Performance data collection that can vary based on commodity, length and contract value
- Automated/Manual deployment of feedback forms to internal users
- Semi-annual or annual automated, recurring data
collection
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Our supplier score carding is powered by a technologically advanced rules engine that allows you to have a variety of feedback forms to chose from that include rank types, number and other data elements. This rules engine enables you to calculate your supplier scores as simple or weighted averages or use your own custom rating scheme. These scores are then translated into a color-coded or banding of suppliers based on your supplier performance criteria. The CVM Performance Management can be fully integrated into your supplier directory; supplier base reporting and analysis to show spend in each category.
Our extensive expertise and unprecedented technology assists you in managing your supply base more effectively. Let CVM give you the Advantage to maintaining a precise supplier performance program.
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