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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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Tag Archives: supplier scorecards
5 "aha" moments in supplier performance management
Sometimes it pays to state the obvious. Here are some insights into managing supplier relationships and supplier performance that you may have heard. Maybe you don’t even agree. But to me, they are essential to understanding how to improve supplier …
Here's a Classic: Why Supplier Scorecards Fail
I’ve spent more brain cells than I care to think about on supplier evaluation and supplier scorecards. I’ve made a number of posts about the subject on this blog, which I will list in a future post. And I’ve been …
Managing and Improving Supplier Performance in a Lean Environment
I am in Covington, Kentucky attending the AME International Lean Conference, Journey to Greatness. Attendance is excellent despite the economy and its adverse impact on other conferences this year. This may be due to various lean journeys presented by practitioners …
What KPIs Should You Use to Measure Supplier Risk?
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 …
Posted in procurement, Quality, supply risk
Tagged KPI, procurement, supplier risk, supplier scorecards, supply risk
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New Podcast: Measuring Supplier Performance
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 …
For Supplier Scorecard Success: Develop a Process
Companies embark on supplier scorecards for many good business reasons. They are concerned about supply risk, supplier quality, supplier responsiveness. They know that they should be measuring, understanding and improving supplier performance and mitigating risks. It’s the right thing to …
Got scorecards? Now what?
My previous post about why supplier scorecards fail generated a lot of interest. So today I’m going to write about one of the biggest reasons for failed supplier scorecards: There is little or no action or follow through that results …
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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Knowing the score
I was recently interviewed by Nick Zubko, Purchasing Editor at IndustryWeek magazine, for an article on supplier scorecards. The resulting article, “Who’s Keeping Score?”, summarizes the actions needed to ensure supplier scorecards that are meaningful and actionable and …
Scorecard Statistics — do you get what you measure?
As the saying goes, statistics can be made to prove anything - even the truth.
Or, everything is vague to a degree you do not realize till you have tried to make it precise (Bertrand Russell).
The customer sends the …