Effective supplier relationship management enables organizations to unlock value from their supply base and reap tangible benefits. With practical tips and a proven approach, this is the guide to understanding how to maximize the potential of suppliers to gain a competitive advantage, get more innovation and drive sustainability.
Supplier Relationship Management explains the importance of ongoing supplier management, how to measure and improve their performance, and for the critical few that can make a dramatic difference to our organization, drive in and future-proof strategic collaborative relationships. The Orchestra of SRM® framework, coupled with expert tips, tools and resources, delivers clear guidance on how to design an effective supplier relationship management program, with maximum return on time and investment.
Written by leading procurement expert, Jonathan O'Brien, this third edition offers new content on how to adapt to the huge changes we have seen across supply bases in recent years, and the new risks and challenges organizations face in managing key suppliers. It includes new information on driving sustainability, the future of the supply base, and how to secure more innovation from our suppliers. Supplier segmentation is outlined in more detail and there is new information on how companies are managing supply chains, and the impacts of this in practice. A practical guide to unlock the new value from your key suppliers in a changing world.
eBook - ePub
Supplier Relationship Management
Unlocking the Value in Your Supply Base
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
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Index
Italics indicate figures or tables.
acting upon measurement 173–98
gauging the supplier’s appetite for improvement 180–81, 182, 183, 183, 184, 185
how much improvement? 173–76, 177, 178, 179, 180
learning from common improvement methodologies 188–98, 189, 197
making them want to … 186–88
Adams, C 130
Balanced Scorecard 126, 134 see also Cousins, R
Barnes, C 61
the Beatles 418
Bell, A G 411
Bevir, M 425
building a supplier performance measurement system 137–72
the SPM system 137–40, 142, 138, 141
five steps to put SPM in place with a supplier 140, 141, 142
reasons SPM systems fail 138–39
ten characteristics of best practice SPM 139–40
Step 1: determine the SPM aim 142
1. oganizational aims 142
2. supplier-specific SPM aims 142
Step 2: supplier-specific requirements and targets 142–45
climbing the mountain 143–45
Step 3: determine KPIs 146–51
definition of KPIs 151
key performance indicators (KPIs) 149–51
looking back, looking forward 145, 146, 147
measures vs indicators 147–49
the most important things cannot be measured 149
service level agreements (SLAs) 151
Step 4: measurement system design 151–64
collecting and analysing data 159–61, 162
measurement system responsiveness 162–63
measuring processes, practices, behaviour and culture 159
SPM system maturity 163–64
two-way measurement 152, 158–59, 153–57
what data to collect 152
Step 5: SPM outputs 164–72, 168–72
the importance of sharing 171–72
making outputs compelling 168–69, 169, 170, 171,
the perfect dashboard 164, 165, 166, 167–68, 167
the perfect scorecard 164
Category Management in Purchasing 393, 448 see also O’Brien, J
Chains 421 see also Karinthy, F
Chao, C M 377, 378–79
Choi, T Y 56
contract management 263–86
contract management (and) 275, 276, 277–80
directing resources 278
driving performance and ongoing improvements 279, 280
key questions 275, 277
ongoing management of contractual arrangement 279
as part of supplier management within SRM 277
...Table of contents
- About the author
- Preface
- Acknowledgements
- Introduction
- 01 What we need from our supply base is...
- 02 Five good reasons to get close to our suppliers
- 03 Introducing the Orchestra of SRM
- 04 Segmenting the supply base
- 05 Supplier performance measurement
- 06 Building a supplier performance measurement system
- 07 Acting upon measurement
- 08 Supplier improvement and development
- 09 Supplier management
- 10 Contract management
- 11 Relationship management
- 12 Supply chain management
- 13 Strategic collaborative relationships
- 14 Innovation from suppliers
- 15 The Orchestra of SRM is ready to play
- Glossary
- References
- Index
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