CVM Supplier Central

Supplier.io's CVM Supplier Central is a solution designed to assist organizations of all sizes in building responsible sourcing programs. According to the vendor, the product provides comprehensive and accurate diverse and sustainable supplier data, benchmarking capabilities, analytics and reporting tools, and solutions to support supplier diversity and ESG initiatives. It is aimed at procurement and supply chain professionals, supplier diversity managers, sustainability managers, corporate social responsibility (CSR) professionals, and diversity and inclusion professionals across various industries.

Key Features

Data Enrichment: According to the vendor, the product enriches current spend data with diverse and sustainable supplier data, including information on certifications and ratings from trusted sources. It aims to help identify diverse and sustainable suppliers within the supply chain.

Benchmarking: The product allows benchmarking against peers to identify areas of opportunity. It provides industry-specific benchmark data to set goals and track performance, enabling detailed category-level analysis.

Analytics & Reporting: According to the vendor, the product tracks, analyzes, and reports spending with diverse and sustainable suppliers. It offers detailed environmental, social, and sustainability metrics for monitoring progress and generates reports for communication and sharing.

Supplier Explorer: The product streamlines and scales the process of finding diverse and sustainable suppliers. It offers powerful search and filtering capabilities to easily find the needed suppliers and provides access to a large and diverse supplier pool.

Supplier Registration: According to the vendor, the product simplifies the supplier registration process by gathering necessary data and centralizing supplier information in a portal for easy access and management. It also enables the collection of supplier sustainability data.

Tier 2 Spend Reporting: The product extends the impact of supplier diversity initiatives by engaging with suppliers deeper in the supply chain. It helps track and report Tier 2 spend with diverse suppliers and provides insights into the economic impact of supplier diversity programs.

Economic Impact Analysis: According to the vendor, the product measures the economic impact of supplier diversity initiatives and quantifies the positive impact on the communities served by the program. It aims to help organizations share the real impact of their program with stakeholders and the public.