You did your Prework before going onsite and then had an enlightening, informative supplier site visit. Now what? Clearly you gained some insights into cost drivers, potential process efficiencies and even personalities. But a lack of follow through at this stage in the game could make all that hard work for naught.
The “Post Analysis” phase [more]

[Read more →]

Last week, we looked at some of the benefits of supplier site visits and the Prework steps you should take before going onsite. Whether you are truly looking for greater collaborative effort or evaluating the relationship from a cost/value standpoint, there’s nothing as effective as seeing the operation in person, meeting key people face to [more]

[Read more →]

No matter how good your relationship may be with your suppliers, there’s always room for improvement. That improvement may be in the form of greater process efficiency, product development collaboration, minimizing supply risks, or a host of other areas. But at the end of the day, what you’re really looking to do is reduce costs [more]

[Read more →]

Supplier Performance Management (SPM) is the process of measuring, analyzing and managing supplier performance to improve quality, reduce costs, mitigate supply risk and drive continuous improvement in the supply base. That all sounds very straightforward and simple…until you try to get the program up and running for the first time. How does a company that [more]

[Read more →]

Healthcare Purchasing News once listed 30 tips to keep the supply chain in critical care units fluid. Within the article, strategic supplier or spend management is not mentioned anywhere. The omission isn’t a big surprise, considering the panel that drafted the tips was relatively light on sourcing/procurement professionals. That begs the question, can Health Care [more]

[Read more →]