ConnXus Delivers New Standard for International Supplier Management Systems
06 Sep, 2017, 13:42 BST
Bristol-Myers Squibb and Cummins are amongst first clients to implement ConnXus's international supplier validation service and global supplier registration portals.
MASON, Ohio, Sept. 6, 2017 /PRNewswire/ -- With enhanced SmartScrub® vendor data enrichment and new global Registration Portal products, ConnXus clients are now validating and effectively managing international diversity statuses from the notable supplier management dashboard.
Effective organization and management of international suppliers is paramount for supply chain and procurement managers. While diversity standards are uniquely defined across continents, countries and regions, this presents many complexities for corporations' tracking and maintenance of Tier 1 and Tier 2 suppliers' diversity statuses. Sourcing diverse suppliers can be equally as challenging for corporations and government agencies.
ConnXus was recently mentioned by Forbes as a global diversity technology provider "in the Innovation Age" that enables diversity spend tracking by "function, department, geography, commitment to local communities, and meeting unique requirements in different countries."
Leader in global biopharmaceuticals and ConnXus client, Bristol-Myers Squibb (BMS), prides themselves in the sustainable pipeline of resources and global partners they have established to cure patients' unmet medical needs. Rondu Vincent, director of supplier diversity for BMS, states, "Our patients are at the core of everything we do here at BMS. The resources and services sourced to support those patients must be managed at the forefront of innovation. ConnXus's international supplier validation and management tools provide the breadth of analytics we need to innovate and develop our suppliers coast-to-coast."
ConnXus's venture into the international supplier management space is complimented by their strategic partnership with procure-to-pay technology provider, BuyerQuest. "BuyerQuest makes corporate procurement better by providing an intuitive, enjoyable buying experience for all users and suppliers. This results in improved productivity, wider spend visibility and greater corporate control," claims Martin Kelly, BuyerQuest vice president of sales. "ConnXus integrated this capability to provide current and new clients with seamless accessibility –via single sign-on – to BuyerQuest's state-of-the-art procure-to-pay platform."
SmartScrub, ConnXus's data validation service, continues to provide percent-based and raw figure comparisons of a corporation's diverse suppliers versus their non-diverse suppliers. The comprehensive report not only includes visual insights of diversity category breakdowns, but new global enhancements to the SmartScrub product include:
- Comparisons of diverse suppliers by country against the total number of suppliers in that country
- New diversity attributes and how they rank against one another
- Aggregate diversity differentiation
Key benefits of ConnXus's new localized, global Registration Portals include:
- Multilingual portals with unique URLs allow suppliers to register in their native language
- Enterprise Dashboards provide a birds-eye, aggregated view of multiple Registration Portals' supplier data
- Streamlined communication eliminates the need for separate technology solutions
Cummins, global power leader, leverages ConnXus's global Registration Portals and Enterprise Dashboards to manage suppliers in eight transcontinental regions including India and South America, totaling at more than 190 countries to-date.
About ConnXus
ConnXus supplier management software solutions simplify the complexities of global supply chains and allow buyers to achieve their goals of responsible and sustainable sourcing. ConnXus is a NMSDC, CPUC CAMSC and State of Ohio-certified minority-owned business enterprise based in Mason, Ohio with local, regional and international capabilities. We lead sustainable supply chain innovation. For additional information about ConnXus and their growing suite of supplier management solutions, visit the company's website at connxus.com, and to register your company on the ConnXus platform, visit https://mysuppliernetwork.com/user/signup. For information about ConnXus Platinum, a robust supplier membership program, visit connxus.com/supplier-plans.
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