Supply management, procurement and quality professionals are increasingly aware that they should be measuring their suppliers’ performance and working with important suppliers on performance improvement.
Effective supplier performance management involves implementing a supplier governance system that integrates supplier performance with supplier quality and supplier risks to provide a closed-loop system to mitigate supplier chain risks. This webinar discusses the following aspects:
• Integrating supplier nonconformance and corrective actions (SCAR) with supplier performance
• Implementing cost recovery and chargeback programs
• Enabling a holistic view of the issues and quicker response from suppliers
• Monitor SLA and contract compliance based on KPIs
• Managing supply chain risks and identify hidden opportunities
• Managing ongoing supplier audits, self-assessments, surveys and inspections