Monitoring & Tracking for Supplier Collaboration Platform
Automated monitoring & tracking function supporting Supplier Collaboration Platform. Part of the Supplier Collaboration Platform capability.
Business Outcome
reduction in manual data entry errors
Complexity:
MediumTime to Value:
3-6 monthsWhy This Matters
What It Is
Automated monitoring & tracking function supporting Supplier Collaboration Platform. Part of the Supplier Collaboration Platform capability.
Current State vs Future State Comparison
Current State
(Traditional)- Supplier onboarding: Suppliers are invited to join the collaboration platform and complete their profiles.
- Data entry: Suppliers input relevant data such as product specifications, pricing, and lead times.
- Monitoring setup: Companies configure monitoring parameters, including key performance indicators (KPIs) for supplier performance.
- Data collection: The platform automatically collects data from suppliers regarding order fulfillment, delivery times, and quality metrics.
- Alerts and notifications: The system sends alerts for any deviations from established KPIs, such as late deliveries or quality issues.
- Reporting: Regular reports are generated to analyze supplier performance over time.
- Review meetings: Companies hold periodic review meetings with suppliers to discuss performance and address any issues.
- Continuous improvement: Based on performance data, companies work with suppliers to implement improvements.
Characteristics
- • ERP Systems (e.g., SAP, Oracle)
- • Excel
- • Supplier Collaboration Platforms (e.g., Ariba, Jaggaer)
- • Business Intelligence Tools (e.g., Tableau, Power BI)
Pain Points
- ⚠ Manual data entry is time-consuming
- ⚠ Process is error-prone
- ⚠ Limited visibility into process status
- ⚠ Dependence on suppliers for accurate data entry
- ⚠ Limited automation in alerting and reporting processes
- ⚠ Inflexibility in adapting to changing supplier dynamics
- ⚠ High administrative overhead for monitoring processes
Future State
(Agentic)- Supplier onboarding: Suppliers are invited to join the platform and complete their profiles.
- Data entry: The Data Entry Agent automates data extraction from supplier inputs.
- Monitoring setup: Companies configure KPIs through the orchestrator.
- Data collection: The Monitoring Agent collects real-time data automatically.
- Alerts and notifications: The Monitoring Agent sends alerts for KPI deviations.
- Reporting: The Reporting Agent generates performance reports automatically.
- Review meetings: Companies hold meetings based on insights provided by the Reporting Agent.
- Continuous improvement: Companies work with suppliers to implement improvements based on data insights.
Characteristics
- • System data
- • Historical data
Benefits
- ✓ Reduces time for Monitoring & Tracking for Supplier Collaboration Platform
- ✓ Improves accuracy
- ✓ Enables automation
Is This Right for You?
50% match
This score is based on general applicability (industry fit, implementation complexity, and ROI potential). Use the Preferences button above to set your industry, role, and company profile for personalized matching.
Why this score:
- • Applicable across multiple industries
- • Moderate expected business value
- • Time to value: 3-6 months
- • (Score based on general applicability - set preferences for personalized matching)
You might benefit from Monitoring & Tracking for Supplier Collaboration Platform if:
- You're experiencing: Manual data entry is time-consuming
- You're experiencing: Process is error-prone
- You're experiencing: Limited visibility into process status
This may not be right for you if:
- Requires human oversight for critical decision points - not fully autonomous
Parent Capability
Supplier Collaboration Platform
Enables real-time supplier collaboration with shared forecasts, automated PO management, and performance monitoring.
What to Do Next
Add to Roadmap
Save this function for implementation planning
Related Functions
Metadata
- Function ID
- function-supplier-collaboration-platform-1