SupplierBase

SupplierBase, developed by State of Flux, is a supplier management solution that aims to streamline and automate the supplier experience. According to the vendor, this platform provides organizations with a consolidated real-time view of supplier relationships, with the goal of maximizing value, driving growth, fueling innovation, improving governance, mitigating risk, accelerating performance, and aligning with ESG objectives. SupplierBase is designed to cater to procurement professionals, supply chain professionals, vendor management professionals, contract managers, and risk managers across various industries.

Key Features

Prospective Suppliers Module: According to the vendor, this module offers a supplier self-registration web portal, centralized communication, and documentation, skip-logic questionnaires, and innovation challenge functionality to streamline the onboarding process.

Contracts Module: The vendor states that this module provides a central repository for contract information and documentation, end-to-end contract creation and management, automated checking of contractual obligations, and mass data upload capabilities.

Performance Module: According to the vendor, this module enables tracking of KPIs, contractual obligations, and quality standards in real-time, customizable KPI structures, and the generation of comprehensive performance reports for short-term discussions and long-term alignment.

Risk Module: The vendor claims that this module takes a proactive approach to supplier risk and compliance management, offering risk assessments, integration with risk data feed providers, tracking of risks against defined metrics, and implementation of contingency plans.

Relationship Module: According to the vendor, this module fosters collaboration between internal teams and suppliers through the creation and monitoring of projects, meetings, and actions, assigning corrective actions for quality improvement and risk mitigation, and evaluating customer/supplier relationships through 360 feedback.

Innovation Module: The vendor states that this module facilitates collaborative innovation with suppliers by identifying, creating, and managing innovations, communicating business challenges and opportunities, and transparently evaluating and transitioning approved innovations into projects.

ESG Module: According to the vendor, this module establishes a responsible sourcing framework, tracks sustainability performance through intelligent surveys and integration with ESG data feeds, and enables the creation of ESG-focused Joint Business Plans.

Intelligence Module: The vendor claims that this module serves as a central hub for managing supplier information and data, allowing customization of fields to capture master data or compliance data, providing a view of key supplier data, and integrating with external platforms and data lakes.

Reporting Module: According to the vendor, this module allows the creation of customizable dashboards and reports for gathering and viewing supplier insights, automates key supplier performance measurement activities, and generates executive briefs consolidating key system data for an accurate reflection of relationship status and performance.