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In a survey of 223 procurement, supply chain and supplier relationship management by the consultancy, State of Flux, almost two-thirds said that they did not have a definition of Supplier Relatinonship Management (SRM) in their companies. The conclusion of Alan Day, Managing Director of State of Flux, a supply chain consultancy in the UK, was that [...] In a recent poll conducted by Supply Management, more than half of buyers (55%) have experienced problems introducing suppliers to e-procurement systems. But the other 45% did not. What was the difference? How the new technology was communicated to suppliers. While some buyers used carrots and others used sticks, which typically worked if nothing else did, [...] Companies have typically viewed suppliers as a source of cost that needs to be reduced, as supplier costs directly impact the bottom line. And it’s a given that procurement is always under pressure to fulfill the cost reduction mission. But in the process of viewing suppliers as big dollar signs that need to be squeezed, firms [...] Some people are heaving sighs of relief that Chrysler is emerging from bankruptcy in the arms of Fiat and that GM is officially in bankruptcy soon to emerge as leaner and meaner entities. However, many are left holding the proverbial bag. Who are they? The unsecured creditors who are lining up to salvage whatever they can [...] As the loss of manufacturers and manufacturing jobs continues during the current recession, the debate continues about whether we should even care. The U.S. is now indisputably a service-based economy. And supporters argue that the erosion of manufacturing in the U.S. is not a bad thing. I was particularly taken aback by Robert Reich’s recent blog [...] With supplier bankruptcies a daily occurrence, to say that the topic of supplier risk has become hot is an understatement. The challenge is what to do about it. Someone recently asked me whether there are any KPIs you can use to measure supplier risk. There are, but developing those KPIs is a business process that goes [...] Many people are looking for advice about how to create supplier scorecards specifically and how to measure supplier performance generally. Listen as Sherry Gordon is interviewed about measuring supplier performance by Sandra Gauvin, Editor of Current Quality newsletter. In this in-depth interview, you will learn: Why you should measure supplier performance Recently I wrote about suppliers who charge their customers to conduct an on-site audit. The desire to charge stems from the fact that site visits are time-consuming and resource-intense for suppliers. Many suppliers have to host multiple site visits and particularly the smaller suppliers, find them disruptive to their business. A [...] As the pundits pile on the eulogies and praise from the glory days and offer endless criticisms of GM’s catastrophic decline, people will be writing books and analyzing the decline and failure of GM for years to come. But let’s look at GM from a lean enterprise point of view. GM tried to adopt lean principles and [...] |
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