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Lyons - Version GradeCard -Supplier Performance Management System
GradeCard is a fully comprehensive enterprise software system that tracks, measures and evaluates supplier performance across quality, delivery, and service. GradeCard provides a unique comprehensive, objective, and quantitative report of supplier performance. This analysis enables an effective collaborative process in which a company works with its suppliers to enhance performance and decrease costs.
GradeCard® works with virtually any installed legacy or ERP system, using automated data collection and analysis techniques to build a comprehensive supplier performance measurement database. With the addition of minimal manually entered delivery/quality/service information, GradeCard® provides powerful data analysis and numerous reports, using an intuitive, graphical user interface. While most other systems take months and, in some cases, years, to install, GradeCard®, can be up and running in two weeks after development of the data interface.
GradeCard® is easily customized to a company’s unique needs. Measurement criteria can be modified and relative weights assigned to quality, delivery and service can be changed. GradeCard® is non-disruptive to existing information systems, and GradeCard® only downloads from existing systems – since it never uploads to existing systems, a company’s data integrity is never at risk. A GradeCard® license allows an unlimited number of users.
GradeCard® also allows suppliers remote access to their real-time information, in a secure environment. Therefore, suppliers can monitor their performance and identify for themselves where they need to improve in order to meet the goals that have been established.GradeCard® ensures the timely integration of corporate information, provides consistency of performance measurement, and includes the tools needed to minimize negative supplier impact on corporate finances and operations. The benefit is immediate improvement to cash flow and bottom line profits. The Aberdeen Group states that companies that implement formal Supplier Performance Measurement systems see an improvement in supplier performance that averages 26.6%.
GradeCard®:
- Shows a clear relationship to profitability
- Is aimed at strategic goals
- Delivers a short and demonstrable ROI
- Is easily implemented
- Provides a benefit not already available through existing resources
- Does not require major, upfront spending
- Is not disruptive to existing IT systems or business operations
Both customers hosted and Lyons ASP hosted solutions are available.
GradeCard® is a robust supplier performancemanagement software solution that provides:
- Rapid return on investment
- Effective process for supplier management
- Rapid identification of supplier deficiencies
- Improved supplier on-time delivery
- Improved product quality
- Increased service effectiveness
- Stronger contract renegotiation positions
- Uniform supplier performance criteria
- Added value to existing information systems
- Visibility of spending information
- Improved in-house procurement performance
Using GradeCard®, you can:
- Increase profits associated with improved supplier performance
- Decrease costs associated with supplier problems with quality, delivery and service
- Decrease costs associated with manual data entry to in-house supplier management systems
- Decrease costs associated with in-house purchasing performance problems
- Benefit from enterprise-wide data visibility
- Increase profits from decreased supplier product rejects
- Realize and document problem areas in the supply chain
GradeCard® is easy to install, use, and maintain
- Effective graphical user interface
- Interfaces with current information system
- Easily tailored for customer convenience
- Non-disruptive to customer systems and data
- Minimal manual data entry
- Low cost of operations
- Secured with firewall and password protection
- Remote supplier web access and on-demand reporting
- Web-based, enterprise-wide connectivity
In addition to creating a timely “report card” for key suppliers of goods necessary to your production processes, the system offers a secure, immediate, real-time procurement information from data automatically streamed from company procurement databases. In this way, user data entry requirements are minimized. Users only enter supplemental information whenever defective products are found, or at month or quarter end when the GradeCards are prepared.
Virtually, nothing is “hard coded” related to a specific company business since information shown and selectable by users is managed by company staff (system administrator(s)). This provides data integrity, consistency, and control by a system administrator.
Our experience has been that supplier performance definitely improves when they …1/ know what is expected of them,2/ know that a system is in place that monitors and measures their performance,3/ feel that they are a part of the process of quality and delivery performance improvement.
By providing a documented history of a suppliers performance, opportunities for performance improvement may be collaboratively discussed with a supplier, contract renewal decisions are facilitated, lead times may be reviewed and analyzed, and performance expectations are clearly defined and communicated.