Supplier Information Management (SIM) it’s a platform which goal is to provide to buyers all aspects of supplier relationship management, allowing at the same time, suppliers manage their relevant information concerned to tenders. Organizations can manage supplier business process throughout the lifecycle of a supplier, improving performances and capabilities..
All over the world Organizations who wants to have a strategy and a planning in supplier management. Know its own suppliers; working with suppliers that meet the compliance requirements of an organization is one of the objectives of those who intend to use a SIM solution.
Not all procurement organizations are equal. SIM can reflect different organizational needs being tailored by demand.