🔄 Full Supplier Lifecycle Management: From First Bid to Final Offboarding with EvaluationsHub

Procurement leaders know that managing suppliers isn’t just about awarding contracts. It’s about building strong, transparent, and sustainable relationships throughout the entire supplier journey. Yet, too often, teams are stuck with fragmented tools: one for sourcing, another for onboarding, and endless spreadsheets for performance and compliance.

At EvaluationsHub, we believe supplier management should be continuous, integrated, and effortless. That’s why we’re proud to introduce our full lifecycle supplier management capabilities — giving you one seamless workflow from first sourcing event to final offboarding.

1️⃣ Sourcing: Find the Right Partners, Fast

Every relationship starts with a sourcing decision. With EvaluationsHub, sourcing goes beyond price:

• Run RFPs, RFQs, and RFIs with custom categories and weightings.

• Collect inputs from cost models, certifications, surveys, and stakeholder feedback.

• Score suppliers objectively with aggregated dashboards.

• Provide suppliers with a branded portal for a professional and transparent experience.

👉 Instead of chasing documents and emails, procurement teams get a structured, auditable sourcing process that accelerates decision-making.

2️⃣ Onboarding: Seamless and Self-Service

Once a supplier is selected, onboarding is often where friction begins. Our Supplier Information Management (SIM) makes it easy:

• Suppliers upload and maintain their own certifications, insurances, and documents.

• A dynamic org chart view maps responsibilities and contact persons.

• Automated workflows ensure all compliance requirements are met before a supplier is activated.

The result: onboarding that’s faster for procurement and more professional for suppliers.

3️⃣ Performance & Risk: Keep Track of What Matters

Supplier management isn’t “set and forget.” EvaluationsHub enables continuous performance tracking with both quantitative and qualitative inputs:

• Link spend data, contract compliance, and KPIs.

• Gather feedback from meetings, surveys, and audits.

• Track certifications and ESG compliance in real time.

• Spot risks early with alerts for expiring documents or missed performance thresholds.

This creates a 360° view of each supplier — ensuring procurement leaders always know where they stand.

4️⃣ Contracts & Spend: Control Without Complexity

Suppliers deliver value through agreements. With our lightweight spend and contract tracking:

• Every supplier has a clear spend overview.

• Contracts are securely stored with a full audit log.

• Renewal reminders ensure no surprises from expired agreements.

This means procurement stays in control without the complexity of heavy, siloed spend tools.

5️⃣ Offboarding: End Relationships Smoothly

When a supplier relationship ends, offboarding should be as structured as onboarding:

• Archive contracts and spend data for audit readiness.

• Retain performance and risk records for future reference.

• Ensure compliance by confirming all obligations are closed.

Instead of gaps and forgotten details, EvaluationsHub gives procurement a clean, professional offboarding process that protects both the business and the brand.

🌍 Why Lifecycle Management Matters

A supplier relationship is a journey. By managing it holistically:

• Procurement can defend every decision with data.

• Suppliers experience clarity and professionalism at every stage.

• Organizations build a resilient, compliant, and innovative supply base.

With EvaluationsHub, lifecycle management isn’t fragmented. It’s end-to-end, integrated, and future-ready. EvaluationsHub moved from being a very strong supplier performance management tool to an end-to-end Supplier Relationship Management (SRM) tool.