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Supplier Evaluation & Performance Excellence
Understanding supplier performance is vital to ensuring a well-functioning supply network. This how-to book will help you develop and implement an evaluation process to help you reduce costs, lower risk, and improve both the performance of your company and your suppliers.
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Category Archives: Lean
Giant performance failure in a peanut supplier
The failures at Peanut Corporation of America are tragedy in every way. This supplier failed to meet both regulatory and customer requirements. Its customers failed either to uncover or report the failures, and people died as a result. Now a …
Posted in Business, General, Lean, Personal, Risk, supplier performance, Supply Management, Uncategorized
Tagged metrics, sub-tier suppliers, supplier evaluation, supplier performance, supplier quality, supplier relationship management, supplier scorecards, supply chain management, Supply Management, supply risk
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The game of risk: keeping supplier risk at bay
What steps can you take to avoid supply risk? Be methodical and be proactive. Segment the supply base for risk. And look beyond just the obvious categories. First, look at all types of suppliers who have risk potential, depending on …
Posted in Business, Lean, Risk, supplier performance, Supply Management
Tagged Lean, procurement, Risk, supplier performance, supply chain, Supply Management, supply risk
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Segmenting the Supply Base for Lean
In a rush of enthusiasm about a lean supply chain, some firms expect that their suppliers will embrace lean with equal passion. Passion for lean can be contagious, but getting suppliers to adopt lean requires much more work than lean …
Lean supply chains and the white spaces
In an effort to flow lean to suppliers, firms are often internally focused. They are concerned with how suppliers can support their needs and tend not to view the situation from a systems perspective. Often it is about what suppliers …
Supply Chain Cost Drivers: What You Don't Know Can Hurt You
The wastes that are part of lean thinking are well-documented, waste being defined as anything that doesn’t add value to the customer or that a customer would not be willing to pay for. The classic seven wastes in lean thinking …
Posted in Business, Lean, Supply Management, Uncategorized
Tagged cost drivers, Lean, supply chain
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Lean Suppliers: Thinking Out of the Box (of inventory)
A lean supply chain is a dynamic ecosystem comprised of processes, products and firms that work together smoothly to deliver products and services and add value to the entire network as they meet customer requirements in a cost-effective manner. Given …
Posted in Business, Lean, Risk, Supply Management
Tagged cost, Lean, lean supply chains, supplier relationship management, supply
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