Workday Strategic Sourcing: Supplier Management helps organizations streamline the entire supplier lifecycle by simplifying onboarding, enhancing risk assessments, and improving performance tracking. It addresses common challenges like inefficient processes, fragmented data, and limited visibility into supplier risks. Key benefits include centralized supplier data, automated validation through third-party integrations, collaborative workflows, and transparent performance evaluations. Core capabilities span onboarding and performance management, with tools for customizable forms, risk scorecards, compliance surveys, and unified data integration across Workday systems—ultimately boosting supply chain resilience and strategic supplier engagement.

Join for free to read