Supplier Data Management
The process of governing information about suppliers, including contact details, certifications, and performance metrics to ensure alignment with sourcing and compliance standards.
What is Supplier Data Management?
Supplier Data Management is the process of collecting, maintaining, and governing information about suppliers, including contact details, certifications, and performance metrics. In a PXM framework, managing supplier data ensures that product content is accurate, traceable, and aligned with sourcing and compliance standards.