GradeCard® is a robust
enterprise software system that captures data from a customer's
ERP system, stores the data in a non-proprietary database,
compiles, and analyzes the data to provide customer insights
into supplier performance in the form of a periodic, electronically
transmitted GradeCard®. Both customers hosted and Lyons
ASP hosted solutions are available.
GradeCard® provides users across a site or
enterprise with quick insights into supplier performance,
spending levels
for purchased products, and purchase price variance analysis
information. For example, senior management may quickly determine
if a supplier is performing better at a sister manufacturing
site or is charging more at a specific site within the company
enterprise.
GradeCard®'s data collection and analysis
processes are almost entirely automated; companies no longer
need to feel
overwhelmed analyzing large amounts of supplier performance
data. GradeCard® accesses multiple data sources,
easily working with enterprises that have developed distributed
database systems. |
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| GradeCard® was developed by
supplier performance management experts to enable companies
to work collaboratively
with their suppliers to improve performance and, thereby,
decrease costs and increase profits. GradeCard® offers
a quick ROI as a result of the discipline that can be added
to the procurement process when a company has detailed supplier
and company performance information. GradeCard® adds
value to the business information environment by integrating
and analyzing common procurement information already present. |
| GradeCard®’s
unique competitive advantage is that it provides a comprehensive
analysis of supplier performance which enables a company
to take effective action to improve supplier performance.
In addition to analyzing suppliers, GradeCard® has
the unique ability to provide insight into the processes
inside
the user’s company that contribute to suppliers being
unable to deliver products on time or in the correct quantity
or quality. This includes lead-time violations and purchase
order change histories. GradeCard® also includes
spend analysis as part of the Supplier Performance Management
system,
allowing customers to view spending dynamics among and between
suppliers. |
| GradeCard® is a first-rate
solution for supplier performance management. |
| NEXT: View Product Information |
