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Remember the song by Sting’s rock group, The Police, “I’ll Be Watching You?” It’s applicable to supplier performance management, too. Before you roll you eyeballs and shake your head in disbelief, think about some of the lyrics: “Every move you make Every vow you break Every smile you fake Every claim you stake I’ll [...] When people who manage suppliers are asked about what they think is the most important predictor of a supplier’s performance, many mention on-time delivery, incoming quality, and/or financial condition. A supplier assessment team leader at a large mid-west manufacturing company gave a very insightful response — leadership. When he visits a [...] Supplier risk is a hot topic. Everyone is talking about it, writing about it, speaking about it — but how many firms are actually actively working to mitigate or reduce supplier risk? and in what manner? According to Aberdeen Group’s survey of 210 companies, Supply Risk Increasing As the Market Stands Still, about 49% of firms [...] I have sat on the blogging sidelines, reading mostly the business blogs of others. Rather than continuing to lurk, I am now adding my voice. The area of expertise for which I’m best known is supplier management and supplier evaluation. I have a long history and experience in the area of lean enterprise and continous [...] |
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