Supplier Management
With skyrocketing costs and stagnant growth, performance is becoming ever more important to your supply chain. But how do you insure you get it? You start with measurements - against good metrics. Today we’re going to tackle supplier metrics.Back in the fall of 2005, CPO Agenda ran an article titled Supplier Metrics [...]
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These days, manufacturers are purchasing more and more goods from global suppliers. As a result, manufacturers have to become more sophisticated in their analysis, more accurate in their demand forecasting, and more knowledgeable about the global marketplace and the changes it is undergoing. To this effect, a recent Industry Week article titled Sources [...]
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Have you ever been in a meeting with an internal stakeholder who doesn’t want any help on their category because it’s too complex, or is the creative service that can’t be effectively sourced or managed by anybody but the supplier and that stakeholder himself? Then this story is for you…
In the Business Week article “The [...]
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In the analyst industry, we used have a saying that “when the mainstream press catches on to a trend, it is certainly almost over.” I’d like to think that is the case with the automotive supply chain dilemma, but I’m afraid I would be wrong.
While Supply Excellence has been tracking the ongoing instability and decline [...]
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The Supply Chain Management Review recently ran an interesting article on Embracing Supplier Performance Management for More Profit, Less Risk. The article noted that if each business unit is measuring suppliers with a different set of criteria, and not sharing data at the corporate level, how do you know which suppliers are achieving the [...]
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Eric Hiller gave us a granola definition in his first post on sustainability over on Cost Cents. Eric’s take on the debate is that a business should understand how to cost or value the profit of a sustainability initiative, since businesses have to be sustainable themselves before they can “go green” or “save the planet”. [...]
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As the doctor mentioned in his last post, there are a lot of elephants hiding in the sourcing and procurement war room! There are so many, in fact, that the doctor is having problems figuring out how they all fit! However, as the doctor was in-depth scanning and reviewing some vendor web sites [...]
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Today we continue our coverage of Succeeding in a Dynamic World: Supply Management in the Decade Ahead (a detailed report based on research jointly undertaken by the ISM, A.T. Kearney and CAPS Research), and our review of the seven critical supply strategies for succeeding in a dynamic world in particular, with the second critical supply [...]
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For many companies, supplier diversity has been like New Year’s resolutions: we have the best intentions of doing them, but typically fail to as other initiatives get in the way.
Sure certain industries like Aerospace and Defense have been pushing diversity programs for decades, but their initial motivation was largely government mandates. Automakers and retailers initially [...]
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A number of vendors have a number of representatives whose sole job is to pound on your door and tell you about all the advantages of a supplier network - advantages that, as a few of you have unfortunately realized, never materialize unless you have the right network with the right suppliers participating. And [...]
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