Organizations are using supply chain management as a means of creating value and managing cost. Companies are using their supplier partnerships to drive innovation and are pushing greater responsibility upstream to their partners. Consequently, performance expectations are increasing and supplier selection activities must yield stellar results. An organization can transform its supply chain by selecting real value partners who support the strategic direction of the enterprise.
The right sourcing tools can play a critical role in identifying and building value-based relationships. My article “How to Select Innovative Supplier Partners Using a 5-Step Project Management Approach” offers a step-by-step approach for ensuring success in your sourcing efforts. In addition, check out the “How to Select Innovative Supplier Partners” presentation for detailed tips as well as helpful templates.
Tags: management, Outsourcing, process, project management
