Catalytics manages key supplier data around three key Commercial Management pillars: Risk & Information Management; Performance Management; and Value Management.
With Catalytics, you can easily connect the thousands of interactions across your business, ensure you meet the demands of regulators, monitor risks, enhance performance and provide a platform for delivering competitive advantage.
Our control frameworks ensures that everyone involved in a supplier relationship understands exactly what to do, when. And that includes the suppliers.
Your key controls have never been so easy.
Catalytics is a technology solution that enables:
Risk and Information Management;
and Value Management.
Catalytics helps you realize your suppliers’ full potential
by connecting them to the heart of your business.
Procurement needs to be developed in the business in a way that mirrors the structures of the business and its natural rhythms. Traditional procurement functions often work in a silo, geared to their own narrow focus – usually cost savings – rather than meeting the dynamic needs of their user departments.
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An organisation’s supplier relationship strategy must continuously interpret, and align to, the strategy of the company. That’s not a one-dimensional measure – it’s not solely about profit. Only by understanding the broader objectives and developing an approach that works across different agencies within the organisation, can supplier relationships support, rather than jeopardise, long-term, sustainable value creation. Clarity of strategy within the business, coupled with the application of those principles to deliver more strategic supplier relationships, underpins all of the pillars of Catalytics.
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A new, strategic, value-enhancing approach to managing the supplier eco-system can’t be built solely on good internal structures and the smart use of expertise. The style of the new approach, the culture it fosters and how well procurement interacts with the business must also be carefully managed.
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Building and managing successful supplier relationships – and constantly finding new and better ways of using the supply eco-system to drive long-term value – requires the right level of knowledge, insights, communication and influencing skills. It also demands an ability to effect change both inside and outside the organisation.
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