# Supplier Management

Maintaining a robust database of both operational and transactional supplier data is critical to achieving successful launches. LiveSource gives supplier quality development professionals tools to more easily collect and maintain up-to-date supplier information — and the analytics to identity at risk suppliers before they cause a crisis. All on a global scale. Take the chaos out of your product launch process. Know what’s coming

## Watch the LiveSource Supplier Management Video

## Get a Preview of LiveSource Supplier Management

## Maintain a Group of Viable Suppliers

### Supplier Portal

Suppliers register on-line, free of charge

- Create automatic on-boarding registration cards, based on commodity and region
- Send configurable RFIs to your network of registered suppliers to locate new potential sources, ensuring competitive pricing and mitigating single source risk

### Supplier Cards

LiveSource provides an easy, consistent way to collect and maintain supplier operational data

- Organize supplier cards to address a wide range of topics, such as financial, insurance, regulatory requirements (e.g., conflict minerals), costs, quality, delivery, certificates, etc.
- Completely configure supplier cards with attributes, layout, scoring, workflow and alerts
- Utilize a single source of truth related to a supplier’s performance
    - Combines other LiveSource-managed data (i.e., RFQ, APQP/PPAP)
    - Integrate transactional data (i.e., receipts, OTE, returns) from other enterprise systems
- Calculate a risk score for each supplier card
- Receive automatic alerts when data needs to be updated or a defined level is reached

### Supplier Status

- Leverage user-defined supplier status, such as “strategic,” “phase out,” “new business hold,” “challenger,” in future sourcing needs
- Assign multiple status codes to a single supplier, based on various commodities and regions
- Enforce company sourcing policies during RFQ and Nomination process

### Supplier Coaching

- Develop performance improvement plans for at-risk suppliers
- Initiate scheduling manually or automatically, based on supplier performance KPI
- Escalate into directive coaching if required
- Leverage configurable workflow and alerts
- Provide visibility to other departments

### Supplier Risk KPIs

- Develop an overall supplier risk assessment based on weighted scores of all supplier cards (i.e. supplier management, quality, sourcing and logistics)
- Get 360° visibility into a supplier’s performance with automated alerts
    - APQP/PPAP launch milestones
    - Nonconformance trends by type, severity and region
    - On-time delivery performance

##### Take the chaos out of your product launch process.
##### Know what’s coming with LiveSource.

How a Global Crisis Exposed Supply Chain Vulnerabilities

[READ CASE STUDY](https://www.livesource.com/how-a-global-crisis-exposed-supply-chain-vulnerabilities/)