OLSPS SUPPLIER SEGMENTATION SOLUTION
The OLSPS Supplier Segmentation Solution offers a systematic way to segment suppliers based on various pertinent factors. With supplier segmentation, companies are able to assess the performance of a supplier based on a number of objective measures, allowing them to make consistent, justifiable choices
to allocate business amongst their suppliers. A precise segmentation will help to identify the key value drivers, select the appropriate engagement level, and help the organisation decide how often they will engage with specific suppliers.
The solution for Santam was developed based on allocating insurance claims to a specific panel beater according to the relative cost, location, B-BBEE status, and other important factors.