managing your suppliers makes perfect sense
DESCRIPTION
A quick overview and guideline to manage your suppliers effectivelyTRANSCRIPT
Supplier ManagementA guideline
Overview
As technology and skills advance companies both large and small are appointing strategic suppliers to help them to develop and produce their products
Successful product delivery
Good governanc
e
Vested interes
ts
Strategic partnershi
ps
Understanding the Product Life Cycle
Business Roadmap for calendar year
It begins with defining the company’s vision and mission
Planning the Product Roadmap
Defining the concept
Defining the business rules and product specifications
Developing and Launching the Product
Develop the Product
Project Initiation Project Planning Project Execution Project Closeout
Launch the final product
End of Product Lifecycle
Conduct Analysis and Research
Findings are documentedDocument is reviewed by nominated stakeholders
Stakeholders approve and sign off concept
Hold workshops to define the business rules and
userability of the product to be launched
Findings are documentedDocument is reviewed by nominated stakeholders
The business rules and product specifications are approved by
the Business Owners and nominated stakeholders
Document distributed to Development team
Identify concept for production
Team is appointed to proceed with
the marketing plan
TIME
SALES
Introductory stage
GrowthStage
MaturityStage
DeclineStage
Defining the Marketing Plan
Concept is aligned to the marketing strategy and financial planning for
calendar year
Findings are documentedDocument is reviewed by nominated stakeholders
The Marketing strategy and financial planning for the concept are approved
by the Business Owners and nominated stakeholders
Business rules and product specifications
commence
The objectives will outline· Who we are as a company· What do we want to achieve· How do we want to achieve this· The timeline to meet these objectives
These objectives are communicated
to the business units
TeamsManagersCustomers
Results in
Product Life Cycle
Companies and businesses today
Corporations and businesses today have a purpose to meet the stakeholders needs by producing goods and services to improve the lives of users; by providing jobs and enhancing the workers’ quality of life. This can be managed by developing a strong network of suppliers and business partners. Ultimately this provides resources for valid improvements, great innovations and definite returns to the business. At the end this equals that the business benefits have been produced and realised.
The supply management organization must create an atmosphere of collaboration and provide a comfortable meeting area where cross-functional teams can meet and work together towards success.
Suppliers today
To achieve greater profitability and gain a competitive edge, many more companies are partnering with their suppliers, borrowing elements of the Japanese keiretsu model, which emphasizes integration, long-term relationships, and joint gain.
Such relationships are characterized by a high level of trust, mutual respect, open and efficient communication, shared risks and rewards, commitment to each other's success, and the ability to constructively deal with differences. Treat Suppliers as Partners
Martin Schneider
Our SuppliersOur suppliers are business partners who provide our system with materials, including ingredients, packaging and machinery, as well as goods and services. Our Company's Supplier Guiding Principles (SGP) communicate our values and expectations, emphasizing the importance of responsible environmental and workplace policies and practices.
Critical business challenges
• Improve efficiency / reduce the costs
• Increase employee productivity
• Collaborate across employees, partners and suppliers
• Become more nimble and flexible
• Optimise business model and processes
• Improve customers service
• Obtain new customers
• Sell more to existing customers
• Keep in line with new technology
• Ensure that the correct skills are available
• Produce the best quality
Selecting your suppliers
Suppliers
Technical compatibil
ity
Service Management Model
Quality measurem
ent
Cost to company
Flexibility to change
Innovation approach
Identify Assess Validat
e Award Monitor
The Process
Request
for
Scope or Work
Supplier submits scope of work
Business reviews scope of work
Business Submits questions to
suppliers
Supplier responds to questions
Scope of Work is submitted for final
review
Proposal accepted or declined
On acceptance the contract is setup
outlining the terms and conditions
Supplier moved to supplier database
Approved Scope of WorkSupplier ContractService Level Agreement
Project Management – Managing your suppliers
On approval of Scope of Work
Business Requirement
sAnalysis Design Development
Testing ImplementationOnline
Production
Agile Project Plan control
Project Plan control
• Ensure your suppliers are involved at every stage of the project
• Setup proper release management that is tied to financial billing and payment
• Hold regular status meetings with your suppliers• Track the project plan and address issues• Identify any impacts and raise change controls where
required• Hold regular audits on your supplier performance
The results
By using a structured supplier management approach you will provide:
Better efficiency in project deployment and roadmap implementation.
Governance on project templates and process management
Improved/increased/enhanced customer satisfaction.
Enhanced effectiveness in delivering services.
Improved growth and development within your team.
A greater standing and competitive edge. within your industry
Opportunities to expand your companies services.
Increased risk assessment and expert management of mitigation strategies
Delivery of quality products
Ability to deliver multiply projects simultaneously