Manage Supplier Risk during Onboarding with ARCUS® Supplier Information Management
Collect, manage, and store supplier data with confidence using ARCUS® Supplier Information Management (SIM). Discover the benefits of a centralised platform that increases transparency between you and your suppliers, so you can have reassurance that they are compliant.
About Supplier Information Management
With Supplier Information Management, information is self-onboarded by your suppliers directly into a centralised system via tailored questionnaires. This allows users to maintain control over supplier risk by ensuring compliance with company requirements. When used with eRFX, information is auto-populated between modules through question mapping.
The system is fully auditable, offering a trail of actions to evidence supplier risk mitigation. This protects your brand reputation, whilst also providing a 360 view of your supplier information.
Tailored questionaires
Collect supplier information through configurable questions with intelligent branching options.
Artificial intelligence
Scan and verify documentation with 99.5% accuracy to validate compliance claims.
Automation
Reduce manual administration through automated reminders for supplier updates.
What are the benefits?
- Centralised Supplier Data and Documentation
- Efficient Streamlined Supplier Management
- Reduced Manual Administration
- Mitigated Supplier Risk and Increased Compliance
- Enhanced Supplier Transparency
- Up and running in as little as 9 weeks
Case study
Whitbread PLC is the UK’s largest hospitality company, owning Premier Inn as well as Beefeater, Brewers Fayre, Table Table and Bar+Block.
Its “Force for Good” sustainability program aims to ensure that Whitbread has a positive impact on all of its stakeholders and the world around them, and has set long-term strategic targets to try and achieve this. This includes collaborating with its global supply base to support efforts against climate change to ensure that every supplier adheres to its robust policies on sustainability and responsible sourcing.
Whitbread extended its use of ARCUS® Supplier Information Management (SIM) to automate, digitise, and streamline its supplier on-boarding.
Configurable questionnaires are sent to and completed by suppliers to ensure that Whitbread is collecting all the supply base sustainability information they require, and this replaced a separate standalone system.