How LeanLinking Helps You Manage Your Suppliers
Streamline the back office and reduce risk across the supply chain by digitizing supplier on-boarding and maintenance. Whether you want to improve your entire supplier pre-qualification process, or just part of it, using LeanLinking allows you to streamline the back office and reduce risk across the supply chain by digitizing supplier on-boarding and maintenance. You can gain more control over supplier compliance and risks, and:
With LeanLinking, you get the most seamless and easy-to-setup solution on the market.
Supplier delivery & quality tracking
Supplier delivery (OTIF) and quality performance tracking is at the heart of supplier management. LeanLinking automates data gathering regarding delivery and quality performance. LeanLinking also enables reporting and automated sharing of KPIs with suppliers so suppliers understand what they are measured on and how they perform. This reduces the administration burden so you can focus on improvement plans to address performance challenges where necessary. Performance is reported at multiple levels to enable full visibility across regions and suppliers. It also provides a common basis for performance assessment. The Supplier delivery and quality performance features of LeanLinking enable you to:
Supplier contract management
LeanLinking contract management streamlines your contract management process, ease access to contracts and contract metadata, and ensures that contract renewals are enforced. LeanLinking helps legal, finance and procurement professionals manage contracts by leveraging contract and supplier information more efficiently. By storing contract metadata it is easy to search and find contracts, contract terms and ensure contract renewals. It is easy to share only selected contract information with selected stakeholders. You can gain more control over contract compliance, and:
Supplier relationships management
LeanLinking helps you and your stakeholders register supplier meetings, phone call and other events. This makes it easy to have an overview of who has met what suppliers and related meeting minutes. LeanLinking also provides a shared interface for suppliers, buyers and internal stakeholder to connect, jointly share information and manage joint activities and events. This enhances collaboration across functions within both the buy side and the supply side. The supplier relationship management features of LeanLinking enable you to:
LeanLinking enables you to integrate supplier performance data from your ERP systems with stakeholder ratings on suppliers in one supplier scorecard. This scorecard is dynamic so scorecard performance can be tracked over time. The scorecard data (or selected parts of it) can be shared with suppliers enabling a transparent fact-based collaboration with focus on performance improvement.
Supplier action & project planning
Key supplier projects need to be managed in an independent yet integrated way. Projects can range from cost reduction programs to supplier meeting follow-ups. LeanLinking enables project management through action planning and online communication with supplier on the projects online. The project management module enables you to:
Supplier self-assessments and compliance
LeanLinking is a highly scalable governance, risk management and compliance platform that enables you to ensure supplier compliance via a seamless supplier self-assessment process followed by an approval flow. The solution allows you to adapt a broad range of solutions to your requirements, build new applications and integrate them easily with your other core systems. LeanLinking can help you ensure compliance in relations to:
Seamless data integration to ERP, BI and other systems
LeanLinking integrates with any ERP and most other solutions that carry supplier related data. Via our APIs LeanLinking can be integrated with other (ERP) solutions so that data like spend, OTIF, deviations, stock values, forecast data and more can float from your systems to LeanLinking. Data from LeanLinking can also be fetched by your BI solution to do advanced analysis on the data you capture on LeanLinking.
What Our Clients Say
LeanLinking offers a great range of easy to use tools that are integrated and built
for procurement professionals.
LeanLinking is easy to use and provides us with all relevant data on suppliers in one solution
Investment in LeanLinking was recovered within 2 months. After 4 months we saw a significant improvement in supplier attitude, responsiveness and performance, all of which help support ITG’s focus of Customer Service.
Industries We Help
Whether you are dealing with direct or indirect suppliers, the factory can’t run optimally without smooth delivery from suppliers. Managing suppliers is critical for operational efficiency. Procurement costs (external spend) are a significant component of total costs (in excess of 50%) for most manufacturing firms making supplier management key when it comes to maximizing profitability and working capital management. LeanLinking combines the power of your stakeholders’ insight into supplier performance with your supplier delivery and quality performance data giving you a 360º picture of each supplier’s performance based on facts. This data can consistently and automatically be shared online with suppliers, which has the following effects:
Food & Beverage
From take-away to grocery, consumers want food and beverage that are safe and supports their health and their values. LeanLinking helps procurement, quality and supply chain to control, monitor, assess and quality assure suppliers keeping all the compliance and quality related documentation on suppliers in one place. LeanLinking helps you seamlessly collect and manage the following information:
Marketing service companies demand speed and quality in supplier deliveries. LeanLinking combines the power of your stakeholders’ insight into supplier relations with your system data regarding supplier performance on delivery, quality and cost development. Define and track supplier performance KPIs and share the KPIs automatically with suppliers in one fully automated real-time process. This will focus suppliers on the right KPIs, ensure prompt corrective supplier actions and thus improve supplier performance towards your business and decrease cost of ownership and increase materials availability. This will increase your customers’ satisfaction.
Wholesale & Retail
LeanLinking combines the power of your stakeholders’ insight into supplier relations with your system data regarding supplier performance on delivery, quality and cost development. Define and track supplier performance KPI (like OTIF, margins, sales index and more) and share the KPIs automatically with suppliers in one fully automated process. This will focus suppliers on the right KPIs and thus improve supplier performance towards your business and decrease cost of ownership and increase materials availability.
LeanLinking enables your team to proactively monitor and manage your suppliers with automated KPI updates on each supplier and prompt real-time reporting when problems arise. This reduces reaction times significantly whilst similarly reducing risks of lost sales and total costs. By linking key supplier metrics to instant stakeholder feedback, we produce a culture where supplier collaboration, fast problem solving, risk mitigation and ongoing improvement become a routine.
Service & Finance
Service and financial services consumers demand speed, transparency and data-driven recommendations. You need the same from your suppliers to protect and differentiate your brand. LeanLinking offers you a solution where stakeholders can rate suppliers based on their experiences while also ensuring supplier compliance via our integrated supplier compliance module. LeanLinking helps you collect and manage the following information:
“Procurement without supplier management is like Sales without account management. It doesn’t work.”
Procurement without supplier management is like Sales without account management. It doesn’t work.
The LeanLinking supplier management solution enables you to get the basics right and manage supplier relationships, performance, quality and compliance in one.
Why not request a free demo today so you can understand how?