Process for Implemenation of Supplier Development Strategy
EXPLAIN THE SUPPLIER DEVELOPMENT PROCESS
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Table of Contents
1. Introduction 3
2. There are 8 stages of implementation of supplier development 3 2.1 Identify critical commodities for development 3 2.2 Identify critical suppliers for development 3 2.3 Form a cross-functional team 3 2.4 Meet with supplier’s top management team 3 2.5 Identify opportunities and probability for improvement 3 2.6 Identify key projects 3 2.7 Define details of the agreement 3 2.8 Monitor status and modify strategies 3
3. Different types Supply Chain relationships 3
4. Portfolio Analysis 3 4.1 Captive buyer 3 4.2Captive Supplier 3 4.3 Interdependent Supply Chain members 3
5. Buyer /supplier relationship 3
6. Conclusion 3
7. Bibliography 3
Introduction
Supply chain management adopts a systematic and integrative approach to manage the operation and relationship amongst different parties in supply chain one of the major issues is supplier development studies have investigated how quality management can be employer in supply chain management to influence performance in the whole supply network. (Mishra Rik, Patel G-Supplier Development Strategies, Data employment Analysis Business Intelligence Journal, January 2010 vol 3 No.1)
There are 8 stages of implementation of supplier development
2.1 Identify critical commodities for development
Managers must analyse their situation to determine whether Supplier development is important and if so which purchased commodities and services require the most attention. A corporate level executive steering committee must assess the relevant strategic importance of all goods and services that the company buys and produce a portfolio of critical commodities
2.2 Identify critical suppliers for development
The managers must
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Table of Contents
1. Introduction 3
2. There are 8 stages of implementation of supplier development 3 2.1 Identify critical commodities for development 3 2.2 Identify critical suppliers for development 3 2.3 Form a cross-functional team 3 2.4 Meet with supplier’s top management team 3 2.5 Identify opportunities and probability for improvement 3 2.6 Identify key projects 3 2.7 Define details of the agreement 3 2.8 Monitor status and modify strategies 3
3. Different types Supply Chain relationships 3
4. Portfolio Analysis 3 4.1 Captive buyer 3 4.2Captive Supplier 3 4.3 Interdependent Supply Chain members 3
5. Buyer /supplier relationship 3
6. Conclusion 3
7. Bibliography 3
Introduction
Supply chain management adopts a systematic and integrative approach to manage the operation and relationship amongst different parties in supply chain one of the major issues is supplier development studies have investigated how quality management can be employer in supply chain management to influence performance in the whole supply network. (Mishra Rik, Patel G-Supplier Development Strategies, Data employment Analysis Business Intelligence Journal, January 2010 vol 3 No.1)
There are 8 stages of implementation of supplier development
2.1 Identify critical commodities for development
Managers must analyse their situation to determine whether Supplier development is important and if so which purchased commodities and services require the most attention. A corporate level executive steering committee must assess the relevant strategic importance of all goods and services that the company buys and produce a portfolio of critical commodities
2.2 Identify critical suppliers for development
The managers must