Our Approach to Supplier Management

Few organisations have a defined or consistent way of working with major suppliers. In many cases, staff responsible for supplier relationships are not provided with the tools they need to ensure that they are in control of the relationship and able to unlock the full value.

 

To address this challenge, we developed the Track8 supplier management toolkit as the leading suite of processes, guides, tools, techniques and templates that can be adopted by our clients. The toolkit assists practitioners to: segment suppliers; define roles and responsibilities; identify and deliver opportunities for value improvement; create relationship strategies; administer & manage contracts; improve supplier performance; develop supplier capability; and achieve breakthroughs with the top suppliers (typically 5-10) to the organisation.

 

Designing, launching and embedding any major business process is a significant organisational challenge.

Our proven approach is to work closely with cross-functional design teams and fully customise the toolkit so that it is a perfect fit with the client objectives, environment and existing methodology. This flexibility is critical as the process is likely to touch all parts and levels of the organisation and the “made-to-measure” feel ensures maximum buy-in from stakeholders. That said, the toolkit can be taken as our standard.

We assist cross-functional teams to adopt the toolkit through a combination of education activities such as workshops and workplace coaching during live supplier projects.

Contact Mark to explore the toolkit in more detail and find out how it could make a difference to your organisation. 

Call Mark Webb on:
+44 (0)7974 018022
or email mwebb@futurepurchasing.com

Category Management SRM

 

Read More

Our Approach to Supplier Management
Our Supplier Management Research
SRM Programme Design and Management
Supplier Relationship Diagnostics
Supplier Relationship Re-launch
Suppler Performance Management and Risk
Track8-Supplier Management Software
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