Versaic Supplier. Benefits of Versaic

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1 Versaic Supplier Versaic Supplier is a flexible, comprehensive application for assessing the sustainability performance of suppliers and managing critical sustainability data in a consistent, accurate way. The Versaic Supplier application makes it possible to rank and evaluate suppliers' performance against key performance indicators and encourage suppliers to adopt more sustainable practices and standards, all within a system that is automated, reliable and efficient. With Versaic Supplier, it s easy to collect and score supplier data, then manage and report on that data using flexible dashboards. Benefits of Versaic Build business value and make better purchasing decisions Reduce costs and improve performance across the supply chain Build collaborative supplier relationships and reduce supply chain risks A leading organic food producer needed a system and fast to enable the company to easily survey its suppliers and communicate critical information back to the supply chain prior to a major company event. The Versaic solution was designed and implemented in a matter of weeks and was enthusiastically received by both the client and suppliers.

2 Key Capabilities from Versaic By addressing critical supply chain needs, the Versaic solution enables clients to abandon the complicated and error-prone mashups of s and spreadsheets used to manage supplier sustainability at many companies. The Versaic difference stems from our flexible, easily customizable technology that delivers the unique combination of surveying, reporting, workflow, and management capabilities required by each client. With Versaic, there s no compromise. Prospective Supplier Registration Multi-Level Supplier Management Customized Interactive Surveys Dynamic Process Management Flexible Reporting & Dashboards Supplier Management Software Integration

3 Customized Interactive Surveys Engage with suppliers and collect information using an interactive survey tool to evaluate each supplier's sustainability performance. A customized, branded submission tool delivers critical information to educate each supplier during the survey process, reducing survey fatigue and ensuring proper data is collected in the right format every time. Seamlessly collect data required by other teams within the company Links to external resources, downloadable materials and other tools aid suppliers Custom notifications and reminders ensure the supply base is informed and supported

4 Flexible Reporting & Dashboards Customized dashboards display data, metrics and performance according to client specifications. Rank suppliers, benchmark selected groups of suppliers and provide specific supply chain metrics to show baseline performance. Quickly convert any of this data to custom-branded reports that can be distributed internally, shared with suppliers or posted to a website. Scorecard option enables each supplier to evaluate their performance immediately

5 Dynamic Process Management Designed with flexibility at its core, Versaic Supplier can be easily adapted as client needs evolve and processes change. Suppliers can be invited back to complete quarterly or annual surveys and given quick access to their previous submission and performance. Send custom s and notifications personalized to the receiving supplier. Update KPIs, re-calculate scoring algorithms, create new reports and more, all at no additional cost. Display previous results in a new survey along with additional information including performance over time Surveys linked to individual suppliers provide additional metrics and reports enabling fast assessment of the supply chain performance over time

6 Multi-Level Supplier Management The Versaic application extends value across the entire supply chain by enabling each direct supplier to survey their second tier suppliers. Each supplier retains the same level of access to their own data, but direct suppliers can also evaluate their supply chain through reports, scorecards and dashboards. Clients have unlimited flexibility when it comes to evaluating first, second or even third tier suppliers and can drill down at any level against any criteria. Dashboards allow for easy access to any data across the entire supply chain. Quickly assess any supplier or category of suppliers and identify strengths and weaknesses at a glance

7 Prospective Supplier Registration For fielding inquiries or evaluating new suppliers, Versaic Supplier enables clients to direct all prospective suppliers to register online and collect detailed information such as product and service offering or category, current certifications, overall business details, and supplier diversity specifications. Submissions can be routed to buyers or logged in a centralized, searchable database. Use custom metrics to compare suppliers and find the provider best suited to your needs. Automated alerts tell prospective suppliers you ll keep their information on file for future use. Evaluate current supplier scorecards against prospective supplier data to find the best match.

8 Supplier Management Software Integration Maximize effectiveness by integrating Versaic Supplier with your internal supplier database. Supplier users are defined by database contacts, making it possible to send new surveys and reminders to an entire supply chain. Since Versaic is integrated, data and results can be fed back into the internal system, making relevant information accessible by all buyers. With Versaic Supplier, clients are able to make better purchasing decisions, build collaborative relationships across the supply chain, reduce costs, and increase sustainability performance across the supply chain. Schedule surveys and reminders for your entire supply chain using up to date information Client Internal Supplier Database Versaic Supplier Critical data is returned so that it is accessible to all buyers