Supplier Management
Manage supplier selection, risk classification, agreements, controls and performance in one system. NeuSoft Supplier Management assigns risk-based controls, tracks agreements and supplier performance.
Every step links back to the one before it, so the full history stays retrievable.
NeuSoft Supplier Management helps organisations manage supplier selection, controls and ongoing monitoring through a structured digital process. It centralises supplier information, assigned controls, agreements and scheduled activities within one system.
The module supports a risk-based approach to supplier management, allowing organisations to apply appropriate controls based on supplier risk and monitor performance through trending and data analysis.
What Supplier Management does
Supplier Selection Management
- Maintain supplier selection and evaluation records
- Centralise supplier information and approval status
- Support consistent supplier selection processes
Risk-Based Supplier Control Assignment
- Assign controls according to supplier risk
- Define appropriate monitoring requirements
- Maintain visibility of controls applied to each supplier
Supplier Agreement Templates
- Use pre-configured supplier agreement templates
- Standardise agreement preparation
- Maintain supplier agreements within the controlled system
Supplier Control Schedules
- Schedule supplier reviews and control activities
- Track upcoming and completed activities
- Maintain visibility of planned supplier monitoring
Trending & Data Analysis
- Monitor supplier performance and quality information
- Identify recurring issues and performance trends
- Support supplier review and reassessment decisions