Shell has signed an agreement with supplier information management company Achilles Group to cover its global operations.
The oil major operates in more than 90 countries and has over 70,000 suppliers.
It wanted to put in place a supplier information management system that would give it a holistic view of its entire supply base with the visibility of constantly updated and validated data on its suppliers.
Achilles will now take responsibility for managing Shell’s global supplier information requirements.
The system is designed to mirror the globalisation of Shell’s supply chain, providing one approach to corporate responsibility, compliance and risk management.
Shell was one of the original drivers and co-creators of the first Achilles systems during 1990 and helped Achilles develop ways to address regional requirements for supplier pre-qualification in Scandinavia and the UK.
One of Shell’s major drivers was to make the process of doing business easier. A supplier in one geographical region will now gain greater visibility to Shell procurement departments in other regions.
Jim Pearson, general manager CP systems and process at Shell, said: “This intelligence and insight into our supply base will enable us to continue to form and maintain strong relationships with our suppliers and together, create key competitive advantages for Shell.”