Companies that maintain a standardized record of quality spend 38%* less annual revenue as compared to their peers.
Supplier Performance Management enables companies to identify costly risks, untapped value, and potential areas of growth that impact your bottom line.
LVRG maximizes the value from your supply base by collecting and standardizing critical data, empowering your team to make informed, stratgic decisions using key business metrics -- all within an intuitive, powerful platform.
The Status Quo
Over 72% of companies who track their supplier's performance do so in EXCEL and PPT files. That means spreadsheets, version control, and email attachment chaos.
Lack of credibility and transparency
Lack of standardization
No follow-up action assignment or tracking
Limited ability to survey multiple respondents on the same sheet
Advanced sheets require advanced skills to use and maintain
Poor design wastes time through inefficient use