Supplier Performance Management
The key is providing a cost efficient and quality product/ service. There is need for having suppliers who provide consistent quality along with timely delivery. Anything less will only reduce your performance and will increase the cost, wasting time and materials and result in losing customers.
Whether during difficult times, it is imperative that we find out how to improve the performance we currently get from your suppliers. Explore the proven strategies so as to develop workable and effective supplier relationships.
WHAT ARE THE BIGGEST CHALLENGES YOU FACE IN ATTEMPTING TO IMPROVE PERFORMANCE WITH A SUPPLIER??? (PRICE/COST REDUCTION)!!!
Businesses cannot solve problems by just switching suppliers. The costs of poor quality always continue: cost of error detection, the cost of error correction, time to replace rejected materials and erosion of customer confidence.
In this workshop, you will explore the latest strategies and techniques for improving the performance of suppliers. You will look at the successes of others and how they did it to make the suppliers performance improvement a reality.
- Learn how to classify suppliers prior to and after the application of the process
- Understand how to integrate the process with the rating/performance scoring model
- Which rating elements are best and why
- The best way to secure the suppliers commitment
- Be able to relate the importance of Total Cost savings versus the purchase price
WHO SHOULD ATTEND?
– Chief Procurement Officer (CPO)
– Purchasing/Procurement/Supply Management, Managers, Directors, Team leaders
– Category Managers, Senior Managers, Directors
– Tender & Contract Managers, Senior Managers, Directors
– Buyers – Junior, Senior
– Purchasing Agents
– Human Resource personnel
- Length days
- Level Advanced Training
- Industry Procurement & Contracts
- Prerequisites None
- Language English
- This program is worth 35 NASBA CPE credits
PLANNING POINTS TO CONSIDER
I. Who Are the Suppliers to Consider?
II. The Impact of Suppliers on Total Company Costs
III. Beginning the Process with Supplier Symposium
IV. Defining the Selection Process
APPLICATION & ANALYSIS
I. Applying the Criteria
II. Criteria for a Rating System
III. Performance Evaluation
IV. Establishing the Methodology
V. Employing the Results
I. How to Implement the Process
III. Defining the Certification Process
IV. Supplier Survey and Audit Process
V. Establishing the Agreement
VI. How to Use the Information from Selection and Rating Processes
I. Questions to Ask for Current Measures
II. What Must Be Measured?