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Component: CA-MON
Component Name: Process Monitoring Tool
Description: The supplier in the Change of Supplier scenario from which the customer switches to a new supplier. This supplier provides a service, by delivering a utility through the grid. Examples of utilities are electricity, gas, or water.
Key Concepts: An old supplier is a supplier that has been used in the past but is no longer active. This term is used in the context of the CA-MON Process Monitoring Tool, which is a tool used to monitor and analyze the performance of suppliers. It allows users to track supplier performance over time and identify any areas of improvement. How to use it: The CA-MON Process Monitoring Tool can be used to identify old suppliers by tracking their performance over time. This can be done by analyzing the data collected from the supplier’s performance and comparing it to previous performance data. If there is a significant decrease in performance, then this could indicate that the supplier is no longer active. Tips & Tricks: It is important to regularly monitor the performance of suppliers, as this can help identify any potential issues or areas of improvement. Additionally, it is important to keep track of old suppliers, as this can help ensure that any new suppliers are up to the same standard as those that have been used in the past. Related Information: The CA-MON Process Monitoring Tool can also be used to track supplier compliance with regulations and standards, as well as to identify any potential risks associated with using a particular supplier. Additionally, it can be used to compare different suppliers and determine which one is best suited for a particular project or task.