Aravo Supplier Lifecycle Management
Are you spending too much on supplier management? Do your suppliers put you at risk? Do you have the most current, enriched, accurate supplier data in all of your enterprise systems?
Over the past decade, global enterprises have spent billions of dollars on sourcing and procurement solutions in an effort to transform Source-to-Settle business processes, drive down costs, reduce supply chain risk, and ensure regulatory compliance. But all too often the results of these implementations have fallen well short of expectations simply because supplier lifecycle management (SLM) goals were never met. The most common Achilles’ Heel? Poor supplier lifecycle management (SLM) systems and processes.
The world’s best-run businesses know that accurate, validated and complete supplier information is essential to drive core SLM business value and ROI. Aravo SLM was purpose-built to address this pressing need.
Aravo’s customers are Fortune 1000 executives in procurement, finance, supply chain and IT departments whose key challenges include:
- High operational costs due to reliance on manual tools and processes
- Unrealized savings due to lack of contract compliance
- Low levels of automation and supplier self-service
- Low ROI form eProcurement investments
- Product or service disruptions due to supply chain failures
- Unacceptable brand risk due to poor supplier visibility and controls
- Missed payments and low levels of EIPP adoption
Aravo can help
Aravo has helped many companies across industries effectively reduce supply chain complexity and efficiently manage the lifecycle of supplier relationships. For more information, please click on one of the choices in the Learn More box to the right.
"Aravo provides GE with a universally accessible application for the management of critical information around our supply base. It allows us to syndicate the information to our various systems so that we can have one common worldview of what's going on with all of our suppliers." Brad Sweeney, Corporate Initiatives Group, GE Global Procurement