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    World Class Supplier Development

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    kasabegaurav
    The document outlines best practices for developing suppliers through collaboration. It recommends establishing dedicated supplier development teams, providing training and technical assistance to suppliers, and encouraging suppliers to improve processes at the buying firm. The key is developing suppliers' supply management systems through collaboration, communication, measurement, and trust. This includes following twelve generic steps like identifying performance gaps, analyzing data, and developing and executing an improvement plan.

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    Download as PPTX, PDF, TXT or read online from Scribd

    World Class Supplier Development

    Uploaded by

    kasabegaurav
    376 views10 pages
    The document outlines best practices for developing suppliers through collaboration. It recommends establishing dedicated supplier development teams, providing training and technical assistance to suppliers, and encouraging suppliers to improve processes at the buying firm. The key is developing suppliers' supply management systems through collaboration, communication, measurement, and trust. This includes following twelve generic steps like identifying performance gaps, analyzing data, and developing and executing an improvement plan.

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    The document outlines best practices for developing suppliers through collaboration. It recommends establishing dedicated supplier development teams, providing training and technical assistance to suppliers, and encouraging suppliers to improve processes at the buying firm. The key is developing suppliers' supply management systems through collaboration, communication, measurement, and trust. This includes following twelve generic steps like identifying performance gaps, analyzing data, and developing and executing an improvement plan.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    376 views10 pages

    World Class Supplier Development

    Uploaded by

    kasabegaurav
    The document outlines best practices for developing suppliers through collaboration. It recommends establishing dedicated supplier development teams, providing training and technical assistance to suppliers, and encouraging suppliers to improve processes at the buying firm. The key is developing suppliers' supply management systems through collaboration, communication, measurement, and trust. This includes following twelve generic steps like identifying performance gaps, analyzing data, and developing and executing an improvement plan.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
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    World Class Supplier Development

    World Class Supplier Development


    Best Practices in Supplier Development Developing the Suppliers Supply Management System

    Collaboration is the Key

    Twelve Generic Steps

    Best Practices in Supplier Development


    Create dedicated supply development teams
    Teach a supplier how to develop itself after initial guidance from the supplier development team

    Focus on underlying causes of long cycle times Focus on wasteful activities in all supplier efforts
    Involve suppliers in new product and process development at the buying firm

    Best Practices in Supplier Development


    Provide training programs and training time to suppliers Provide education programs offline that go beyond training Provide improvement focused seminars for suppliers Provide tooling and technical assistance to suppliers Provide supplier support centers

    Best Practices in Supplier Development


    Drive fear out that a suppliers workforce may have towards supplier development programs

    Set stretch goals to encourage radical change as well as continuous improvement


    Improve accounting systems to enable measurement of improvements

    Best Practices in Supplier Development


    Share the savings from the development improvements

    Encourage suppliers to contribute to improving processes at the buyers facilities


    Provide a feedback loop for suppliers to help encourage supplier development efforts

    Improve the suppliers supply management system

    Developing the Suppliers Supply Management System


    Developing the supply management capabilities of a buying firms suppliers provides an excellent opportunity to the buying firm Improving the supplying firms supply management system will reduce the suppliers cost and improve its quality, responsiveness, time to market, continuity and the inflow of technology from the suppliers suppliers

    The result is significant impact on improving both firms bottom lines!

    Collaboration is the Key


    Collaboration Requires Commitment.

    Collaboration Requires Communication

    Collaboration Requires Measurement

    Collaboration Requires Trust

    Twelve Generic Steps

    Identify and review performance gaps

    Discuss specifics about how the project will be approached and implemented

    Work to achieve mutual agreement on project focus

    Identify processes that result in waste

    Compare performance gaps with the desired state

    Establish project metrics and metrics baselines

    Twelve Generic Steps

    Gather and analyze data

    Develop improvement strategies

    Develop an implementation plan

    Calculate the return on investment

    Create and review a proposal with the suppliers management

    Execute the improvement plan

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