33:799:301 Lecture Notes - Lecture 6: Continual Improvement Process, Strategic Sourcing
13 Oct 2017
School
Department
Course
Professor
Document Summary
Look back at how we deal with suppliers in order to help our customers. Planning process of how you manage 3rd party orgs; identify and evaluate your suppliers. Strategic sourcing requires deep relationship w/ suppliers focus on win-win outcome. Supplier evaluation: need to measure your alliance with suppliers; like a report card (based on facts, numbers) Engage the supplier, rather than squeeze them. One way to set up scorecard is to use numbers use weighted-criteria evaluation system. Preferred suppliers should be on bid list; they"ve been evaluated. Supplier certi cation programs internal & external: iso certi cation = the most sought after & reputable certi cation program (makes sure production standards meet the highest standards) Supplier development: steps to make suppliers better & more effective. Try to engage suppliers in early involvement gives opportunity for supplier to help you collaboratively work on a process, product, procedure for mutual bene t.
