H I T E P A P E R – by Steve North‚ Principal Procurement Consultant‚ Xoomworks Supplier Relationship Management How to make it work. The pressure for companies to create economic value and deliver greater returns has resulted in a significant focus on the performance of procurement across the organisation. As a result‚ more and more companies are looking to create value through the concept of supplier relationship management‚ but many are struggling to get the publicised benefits. This
Premium Management
Building a sustainable supply chain An IKEA case study Page 1: Introduction [pic] It is easy to think about the present without considering the future. Consumers want more goods and services to improve their standard of living. The problem is they make choices about goods and services that have long-term consequences for the environment. In our modern world‚ organisations need to show responsibility. This means that they use resources efficiently‚ do not harm the environment and consider how
Premium Sustainability IKEA Recycling
STARBUCK’S SUPPLIER RELATIONSHIPS Equitable treatment Starbucks practices diversity and equitable treatment to all four areas they engage business with. These four areas are‚ partners‚ customers‚ supplier and communities. • Partners (employees) – Starbucks seeks out and engages with partners who are as diverse as the communities they serve. Starbucks tends to hire young and energetic employees.80 %of Starbucks employees were white‚ 85 % had some education beyond high school‚ and the average
Premium Starbucks Coffee
Supplier relationship management is an approach to managing organizations interactions with the supplier of the goods and services it uses. The main goal of supplier relation management is to streamline and make more effective the processes between an organization and its suppliers. In order for this type of relationship to work and benefit both parties‚ the organization and its suppliers must have the same desired outcomes. Both parties must be willing to compromise‚ share information such as pricing
Premium Corporation Functional group Functional groups
Metalcraft Supplier Scorecard The following analysis breaks down the strength and weaknesses of Metalcraft’s on the basis of the different business functions that utilize the scorecard. Buyers Strengths: * Buyers come from many functional background including purchasing‚ engineering‚ quality and planning. This ensures that different team members consider various elements when buying products to ensure overall high standards Weaknesses: * Buyers are compensated on the price reduction
Premium Sample size Problem Utility
4 steps to rebuilding customer-supplier relationships By Justin Brown Many customer-supplier relationships were weakened or damaged during the economic downturn. To rescue them‚ both sides need to acknowledge past mistakes‚ identify the causes of those problems‚ take corrective action‚ and monitor the results. As of this writing‚ all signs are pointing toward recovery‚ and economic indicators (take your pick) are suggesting a better ending to 2010 than we experienced in 2009. Optimistic whispers
Premium Customer service Interpersonal relationship Supply chain
Journal of Money‚ Investment and Banking ISSN 1450-288X Issue 22 (2011) © EuroJournals Publishing‚ Inc. 2011 http://www.eurojournals.com/JMIB.htm The Performance Analysis of Islamic and Conventional Banks: The Pakistan’s Perspective Mian Muhammad Ashraf M. Phil Scholar‚ Superior University of Lahore E-mail: Ashraf.iub@gmail.com Tel: 0092-300-7808066 Zia-ur-Rehman Lecturer‚ Hailey College of Commerce University of the Punjab‚ Lahore E-mail: Ziaurrehman_hailey@hotmail.com Abstract The intent of
Premium Financial ratios Balance sheet Bank
Supplier Base Reduction Supplier Base Reduction Department of Industrial Management and Logistics Division of Engineering Logistics Planning for Supplier Base Reduction - understanding Supplier Base Reduction’s role in purchasing A case study at Alfa Laval AB Authors Fabian Karlsson Sebastian Eriksson-Ritzén Supervisors Ala Pazirandeh Markus Ekendahl ii Acknowledgements This thesis completed our Master of Science in Mechanical Engineering with specialization in Logistics
Premium Supply chain management Logistics Management
Supplier selection is one of the most critical activities of purchasing management in supply chain. Supplierselection is a complex problem involving qualitative and quantities multi-criteria. A tradeoff between thesetangible and in tangible factors is essential in selecting the best supplier. The work incorporates PROMETHEE-2 and AHP in choosingthe best suppliers. the result suggest that AHP and PROMETHEE-2 process makes it possible to introduce the optimum order quanti- ties among the selected supplier
Premium Supply chain management Decision making software Evaluation
Supplier Development Strategy Executive Summary The Context of Training in The Supplier Development Process Assessing the needs for supplier development training/Planning the Implementation - Benchmarking Company X1@’s supplier development stages of excellence - Assessing Company X1@’s supplier skills and benchmarking against best practice companies - Defining/prioritizing required skills training topics/areas to bridge the skill gaps - Developing topical area curriculums
Premium