Vendor Management Workspace landing page

  • Release version: Washingtondc
  • Updated February 1, 2024
  • 2 minutes to read
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    Summary of Vendor Management Workspace landing page

    The Vendor Management Workspace landing page enables vendor managers to effectively monitor and analyze vendor performance metrics, contract statuses, and ongoing improvement initiatives. This feature supports decision-making by providing real-time insights into vendor health and success indicators.

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    Key Features

    • Performance Metrics: Track vendor metrics, including the number of recently created contracts, contracts ending soon, and active improvement initiatives.
    • Vendor Comparison: Assess how vendors rank against key success characteristics compared to others.
    • Customization: Clone and customize existing landing pages using the Next Experience UI Builder for a tailored view.
    • Real-time Analysis: Access detailed analytics on vendor performance, including KPI breakdowns and contract timelines.

    Key Outcomes

    With the Vendor Management Workspace, vendor managers can:

    • View a breakdown of vendors by KPI groups and analyze performance over the last 90 days.
    • Monitor the creation of new contracts and identify those nearing expiration.
    • Track the number of active improvement initiatives.
    • Assess vendor satisfaction from stakeholder feedback.

    Access to this workspace requires the Vendor Manager role, ensuring that only authorized personnel can utilize these insights for effective vendor management.

    Monitor vendor metrics, the number of recently created contracts, the ones that are ending soon and the number of active improvement initiatives at any given time. See which characteristics contribute to the success of your vendors. View how your vendors are ranked against those characteristics in comparison to other vendors.

    You can clone an existing landing page and customize it using the Next Experience UI Builder. For more information, see Customize a Vendor Management Workpace page using the Next Experience UI Builder.

    Vendor Manager Workspace Landing Page

    Required Vendor Manager Workspace roles

    If you have the Vendor Manager [sn_vlm.vendor_manager] role, you can access the Vendor Management Workspace landing page.

    Use cases

    End user and goal Required role
    As a vendor manager, you can analyze real-time details such as:
    • Breakdown of vendors by KPI groups.
    • How many new contracts were created in the last 30 days.
    • How many contracts are ending in the next 90 days.
    • Number of continual improvement initiatives that are currently open.
    • The top five vendor success indicators.

    Vendor Manager [sn_vlm.vendor_manager]

    To view reports on catalog items ordered, the sc_req_item access control list (ACL) must be enabled.

    Indicators

    Vendor score
    Vendor performance of all vendors in your organization that's based on their vendor score for the last 90 days.
    Vendor satisfaction
    Satisfaction of stakeholders who collaborate with your vendors.

    Breakdowns

    The indicators breakdown is by vendors.

    Data visualizations

    Select a visualization to drill down and analyze further details.
    Title Type Source table Description
    Vendors by KPI group DonutDonut Company [core_company] Breakdown of vendors KPI groups.
    New contracts Single scoreSingle score report Contract [ast_contract] Number of contracts created in the last 30 days.
    Contracts ending Single scoreSingle score report Contract [ast_contract] Number of contracts ending the next 90 days.
    Improvement initiatives Single scoreSingle score report Improvement Initiative [sn_cim_register] Number of active improvement initiatives.