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EC Supplier

AUTOMATED SUPPLIER MANAGEMENT

Digitize supplier onboarding and manage key documents required by sourcing & the business

EC eSourcing Solution
The performance of your vendor partners directly affects your company’s competitiveness, production efficiency, risk exposure, and cost structure – especially with increasing globalization and vendor outsourcing. Allowing potential supplier partners to self-register within a process that aligns with your organizational requirements can help ensure you have the right data & insights at the best time … before you actually need it.
Being in service for more than 20 years helping global organizations across most industries, we have gained intimate knowledge around ongoing vendor and supplier management challenges. As such, we have created proven tools, requested by practitioners just like you, which are easy to implement and compatible with both pre-existing software applications and emerging technologies.
We recognize that your needs may be unique and therefore we allow each client partner to configure EC Supplier with the fields and data requirements that matter most to your organization. We can also share insights from our experience to help with this based on your industry, spend profile, category management strategy, and goals.

Supplier solutions for & by practitioners like you

Capabilities Snapshot:

  • Digitize the supplier onboarding and registration process per division, business unit, or across the entire organization
  • Supplier information management (SIM) system that improves communication and adherence to the organization’s supplier relationship management (SRM) program
  • Assess vendor capabilities, financial solvency, product &amp: service quality, risk factors, and pricing together in one place
  • Group information required by your organization into a single comprehensive system
  • Provide easy access, review and communication regarding key documents across all supplier &amp: organizational stakeholders
  • Drive compliance for all supplier-related documents &amp: surveys (IT, risk, financial, insurance, CSR, etc.) to ensure they are up to date and in the correct format.
  • Configure proactive alerts and notification to the supplier documents &amp: expirations most important to the organization.
  • Simplify the process for vendor partners that wish to promote value-added services or innovative ways to improve your value &amp: cost structure
  • Seamless transition to other EC Sourcing Group solutions or leverage our open API to integrate with your existing financial, procurement, and supply chain tools.
EC eSourcing Overview Video

Our teams have experience in the RFP trenches and partner with sourcing leaders to accelerate the impact of digital & procurement transformation initiatives – all while improving results and supplier performance

Meet Our Team
Client Results

Improving sourcing results, supplier engagement, and procurement ROI with client-driven enhancements

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Excel-friendly upload/download the majority of project content
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Numerous types and unlimited template possibilities for rapid and efficient re-use
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Supplier input controls – receive desired content in preferred formats
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Open API allows for turn-key integration with all other data systems
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Automated reminders to ensure suppliers stay on track
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Rich specification management – upload thousands in just a single zip file
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Optional gating for confidentiality & managing Ts and Cs up front
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Artificial Intelligence (AI) & Machine Learning (Text Analysis & Navigation)

Solutions that help procurement & sourcing teams…

Expansion
Expand value rapidly to new departments and categories
Shorten Time
Shorten traditional RFx & sourcing cycle times by 40-60%
Savings
Drive average annual savings improvements of 15-30%
Insights
Generate actionable insights & transfer more knowledge
Increase
Increase influence & spend under management by 20-40%
Process
Align more effectively & securely across data systems & stakeholders

Discover how leading procurement organizations leverage our solutions and team as an extension of their own to optimize value & results

Case Studies

EC Supplier is our supplier information and relationship management module that helps procurement leaders and their teams to consistently manage the data, documents, certifications, and ongoing communications to optimize the performance of their vendor partners.

EC Supplier is continually enhanced to align with industry best practices in terms of data security, regulatory compliance, and SaaS – specific deployments for Global Supply Chain, Sourcing, Procurement, Purchasing, and Finance professionals across virtually all industry segments.

RECENT BENCHMARKS FOR OPTIMIZATION TOOLS
EC eSourcing Charts

Experience dynamic technology that helps put an end to…

Impossible–to–find project data you’ve used previously
Internal audits that are painful because of lack of documentation
High costs due to data integrity & integration challenges
Stakeholder & supplier frustration with the tools or process
EC eSourcing Statistics

Are You Faced with These Vendor or Supplier Management Challenges?

Does your team have difficulty finding, revising, and maintaining supplier information? Is obtaining supplier-related documents cumbersome and time consuming today? Is performing annual supplier inquiries to comply with ongoing financial, IT, regulatory, or other risk areas difficult and tedious? EC Supplier helps you and your team overcome all of these challenge areas in one easy to use and configurable solution.

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MANAGE SUPPLIER CONTRACT DATA & EXPIRATIONS

Proactively Manage Supplier Performance Terms, MSAs, SOWs, and Expiration Dates with EC Contracts

Is your procurement department managing its activities in a reactive manner based on requests from the business for contract renewal or review? Is there an opportunity be more proactive, strategic, and forward-thinking?

EC Contracts contract repository and contract management module works seamlessly with other EC Sourcing Group solutions or can integrate with your existing procurement, supply chain, or financial software applications via our open API architecture.

Following an eSourcing event or any strategic sourcing process, one of the most important actions is to ensure that the business-related terms, service levels, and expectations you work so hard to negotiate actually make it into the contract. Having visibility to these areas across the organization can help procurement teams, category managers, and operations to optimize value and savings-related earnings improvement.

Our organization understands that each client partner is unique with regards to the contractual insights and dimensions that are most important to its procurement personnel. Managing expiration dates, pricing details, and what vendors the contracts are with are likely important areas for all organizations.

ORGANIZATIONS MAY WANT TO QUERY CONTRACTS ON DIMENSIONS SUCH AS VENDOR, CATEGORY, SUB-CATEOGY, SKU #, DVISION, COST CENTER, DISTRIBUTION CENTER, FACILITY, DIVERSITY STATUS, LOCATION, OR EVEN SPECIFIC SLA

EC Sourcing Group’s configurable solutions are flexible and currently serve the contract needs of many different types of organizations. Retailers, food companies, healthcare organizations, education organizations, manufacturers, financial & investment companies, technology organizations, and select government contractors leverage our solutions for their needs.

ANY CONTRACTING PROCESS, PROJECT MANGEEMNT STEPS, OR OTHER WORKFLOWS CAN BE AUTOMATED & DIGITIZED BY ADDING EC WORKFLOW TO THEIR EXISTING MODULE(S) SUBSCRIPTION

As with all of our solutions, EC Contracts, is compatible with any of our modules as well as your existing ERP, CRM, expense management, vendor management, eProcurement, transportation management, or other financial & supply chain applications which it can connect with via open API.

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MOST RECENT BENCHMARKING REPORT

EC Sourcing Group ranks as a ‘Value’ & ‘Customer’ Leader in Latest eSourcing Benchmarking Study

eSourcing Results & Methodology Review
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The Trusted Advisor

E-Book Series: Procurement Stakeholder Alignment
Digital-related transformation projects have marched up the priority list with a marked increase in departments looking to leverage advancements in technology to accelerate value.
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EXPLORE OUR OTHER PROCUREMENT & SOURCING SOLUTIONS…

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EC Insights
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