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Orpheus, a McKinsey company - Spend Control

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How to implement supplier evaluation?

A supplier evaluation differentiates according to “hard facts” and “soft facts” in order to assess the actual condition of a supplier with regard to value, opportunities, and risks for the individual company. Additionally, developments are observed to appraise the future performance capacity of the supplier as well. Determining what criteria are how important can vary from case to case. Essential basic criteria are:

  • pricing
  • quality
  • reliability
  • TCO
AI-based classification and consolidation for improved data quality & spend transparency

Data Cleansing & Categorization

Cleansing, consolidation and classification of procurement data - If you want to operate procurement controlling professionally, you have to operate content management. Only with cleansed, uniformly classified data can you obtain meaningful analyses. View ways to cleanse & classify data in procurement.

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