A structured program for managing suppliers and enhancing their effect on the buyer's firm is termed supplier management. It involves overseeing vendor deliveries, cooperating to create new processes, monitoring compliance, and paying invoices.
Evaluate suppliers according to risk, then give performance quality evaluations priority.
Strategy for Operations, Manufacturing, and Process Excellence
Product Development & Innovations
Purchasing and Sourcing
Logistic, Quality, and Supplier Compliance with Integrated Planning and Analytics
Accelerators for Implementation
Mobility and Analytics
Manufacturing on contract
Total productive maintenance
Auditing and reforming suppliers