Total Supplier Management

Description

Total supplier management mitigates risks in selection, integration and management of suppliers. At the same time it supports coordination, cooperation as well as communication with these.

Initial situation

  • Increasing dependence on suppliers caused by high external added value

  • Today's risk management structures do not enable reliable detection and reduction of procurement risks

  • Risks in the supply chain occur at different places in complex value networks

  • Increasing demand for measurable results from the supply chain organizations

Concept

  • Getting knowledge through a process-oriented evaluation of all suppliers

  • Combine knowledge within the company and with external sources

  • Early identification of critical suppliers through intelligent evaluation methods

  • Standardized escalation models and tools