Decrease risk and improve efficiency with a complete supplier management solution
Easily manage supplier information and relationships with Medius Supplier Management, our unified solution to help you get better oversight of your supply chain.
Our technology is designed to help you speed up onboarding, minimize manual data entry, simplify supplier comparisons, and streamline communications between you and your suppliers to make your vendor management process much easier.
What’s more, Medius Supplier Information Management is a platform that allows suppliers to onboard themselves, increasing accuracy of vendor data.
What is supplier management software?
Supplier management software is technology that helps to organize supplier information and supplier relationships. It’s designed to ensure both are easy to maintain. It entails elements that make both supplier information management and supplier relationship management more seamlessly accessible and less prone to errors
To find out more, visit our glossary here.
About Medius Supplier Information Management (SIM)
Medius Supplier Information Management is a centralized hub to bring together all details about your suppliers. It’s designed for your suppliers to self-serve, taking the onus off you to update crucial supplier information and minimizes scope for errors.
SIM also contains tools to help you store and validate supplier credentials during onboarding. For instance, deep integration with Dun & Bradstreet helps you understand and evaluate risk.
All this is cloud-based, ensuring you can access this data at anytime, anyplace, reducing risk of data loss.
About Medius Supplier Relationship Management (SRM)
Scrutinize the relationship between you and your supplier by using Medius Supplier Relationship Management. Track supplier communications and compare existing supplier for better buying insights. You’ll be able to prioritize the right supplier relationships with meaningful insights and simplified communication.
SRM also lets you set your own metrics to benchmark suppliers. This includes metrics such as cadence of communications, delivery times, payment time and much more.
Medius Supplier Management software features
Our centralized dashboard helps you keep up-to-date with your supplier information in one centralized and easy-to-use screen.
It’s easy to cut time from your supplier onboarding process with self-service onboarding that’s designed to reduce data-entry errors.
All of Medius’ technology is cloud-based, ensuring you’ve always got access to your sourcing and contract management tools at any time. It also means you’ll be able to work remotely, empowering your workforce to work wherever they want. Finally, our software supports a multitude of languages, ensuring staff can work with whatever language suits them best.
Define KPIs and metrics to evaluate your supplier base quickly and then compare vendor performance.
Organize meetings, keep up to date with communications, and set automatic alerts for a simpler way to stay in touch.
Benefits of integrated supplier management software
Reduced supplier risk
You’ll reduce risk by setting up a system that helps you to verify supplier credentials. For instance, integration with Dun & Bradstreet will empower you with the information you need to make better choices about suppliers.
More free time
Save precious time with a system that automatically records all supplier communications and metrics, helping you make quick decisions without rummaging through paperwork.
Better supplier relationships
Simple supplier benchmarking and segmentation tools help you to identify and nurture priority relationships