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Effective Supplier Performance Management: Maximize your Profitability and Minimize Risks


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White Paper > 11/19/2007
Sourcing

Supply chains of midsize to large enterprises today have one glaring trait in common: uncertainty. One of your largest and most reliable suppliers today could in six months cause a major disruption in product deliveries to your end customers, due to creeping quality issues at its plants. With companies increasingly relying upon suppliers from other countries, the situation becomes even less clear. How can you truly know which suppliers consistently deliver premium value to your business 365 days a year when you have 10,000 of them spread across the globe? If each business unit is measuring suppliers with a different set of criteria (if any criteria is used at all), and not sharing data at the corporate level, it's impossible to know if you're spending money with the right partners and achieving the desired outcomes.