Achilles worked with EDP’s procurement team to look at the existing systems and problems, before proposing a tailored total supplier management solution (TSMS).
This solution allowed all existing and potential suppliers to be categorised into low, medium and high risk levels, in line with their product/service activities. Suppliers are registered via the EDP website, and the data validated by Achilles.
Any supplier falling into the medium or high risk category is automatically sent an additional, more detailed Achilles (RePro) questionnaire. To become a qualified EDP supplier, this questionnaire has to be completed and returned. In addition, suppliers that complete the questionnaire then have their details circulated to the wider RePro-buying community – raising their profile and increasing the chance of being asked to tender for work.
The registration data is interfaced with EDP’s systems, providing the company with clean, validated data across the whole of its business, and a global view of supplier risk when sourcing and selecting suppliers. Achilles regularly maintains the supplier records, ensuring that the data is accurate and up-to-date.
The results of the collaboration