Canopy Supplier Management

The problem

Supplier management is about more than reducing cost. Procurement is responsible for ensuring continuity of supply from a compliant, risk-assessed supply chain that is environmentally and ethically conscious.

Yet the supplier information procurement relies on to make these decisions is typically scattered across multiple documents and systems which makes it unusable. Add to this an over-reliance on manual processes, and your procurement team faces an unwinnable challenge.

The outcome is poor supply chain decisions that significantly impact business performance, cost, and risk:

• Poor compliance visibility.
• Limited awareness of supply chain risks.
• Inability to review ESG commitments.
• Strategic opportunities left unexplored.

The solution

Reduce the time and cost of supplier management

Canopy’s rules-based technology aggregates vendor data to spotlight suppliers’ relevance, competency, and compliance. At the same time, it automates business processes and eliminates manual effort, ultimately reducing costs and driving successful supply chains.

Minimise manual effort and increase accuracy

Canopy pushes the burden of data collection to the supplier, so they become directly responsible for the accuracy and recency of their profile.

Suppliers can share critical business information including data such as financial history and insurance, or ESG and Modern Slavery policies.

Canopy automatically and immediately routes supplier queries to relevant users and feeds downstream business systems, such as ERP. This removes manual processes ensuring everyone works with accurate data to eliminate non-compliant trade.

Centralise rules and localise decisions

Canopy defines governance models centrally for risk, compliance, and ESG. At the same time, it grants local operators (with site-specific knowledge) the autonomy to make supply chain decisions – while still playing by the rules.

Together, that enables quick decision-making on the ground, alongside quality supply chain oversight.

Canopy empowers procurement teams to realise the strategic oppotunities inherent in managing a best-in-class supply chain.

The Canopy enterprise SaaS platform drives improvement and value

• Aggregates trusted, accurate, and comprehensive supplier information in a shareable record to highlight the best vendors.
• Eliminates manual processes for supplier onboarding and maintenance, saving time and money.
• Integrates with critical business systems, increasing accuracy and efficiency.
• Facilitates fast response to supply chain problems through smart access to vendor data.
• Increases supplier compliance and reduces risk across all locations.
• Includes independently audited question sets covering more than 26 countries.

Tailored to meet your precise needs

Configured to meet the demands of your business structure, Canopy is particularly powerful for small procurement teams. Enabling them to manage multiple sites with localised needs and rapidly growing multi-national supply chains.