A truly effective framework for Supplier Relationship Management
Effective supplier relationship management often extends only to the very top tier of suppliers, and even then is typically handled by multiple stakeholders with little or no consistency of approach and measurement. Wax Digital web3 SRM provides an intuitive toolset to deliver a comprehensive supplier management programme, automating and centralising processes to allow good practice to be applied right across your supply chain.
Supplier Relationship Management benefits
“A successful SRM deployment leads to greater business control and improved supplier performance. Effective SRM requires stratification of suppliers, establishing a clear supplier engagement model, and deploying a process to effectively measure and manage supplier relationships.”
Jurgita Andrijauskaite, eProcurement Consultant, Wax Digital
More ways we can help
Supplier Information Management
Our online hub allows suppliers to self-serve with onboarding information, and submit mandatory certifications and documentation. Supported by automated milestone and alert management.
Source to Contract
Our powerful platform that’s ideal for the construction sector, delivering strategic sourcing success, including eTenders and eAuctions, Contract Management and Savings Tracker.
Integrated Source to Pay
Maximise efficiencies, savings and spend visibility throughout the entire procurement lifecycle while integrating seamlessly with back-office, finance and ERP systems.