Measuring a supplier’s adherence to contractual service levels is at the core of supplier performance management. Yet, while every organization tracks key performance indicators (KPIs) on some level, ...

When you contract to have work done for your company, you need a way to monitor and evaluate how well your contractors perform. A plan that includes measurable key performance indicators can keep you ...

In business, measurement is half-way to performance improvement. Assessing supplier performance is a difficult task. This article overviews price, cost and quality supplier performance measurement ...

This is the last of a three-part series on purchasing. It is intended to blow up long-standing paradigms, to challenge purchasing leaders to think and act more boldly, as well as to think and act more ...

Supplier development encompasses buyer-led initiatives designed to enhance the capabilities, processes and relationships of upstream partners. Through targeted investments in training, technology ...

Supplier relationship management training prepares a small business employee to develop the skills and knowledge required to manage a productive relationship with vendors. Typically intended for ...

We asked industry experts to share how their companies handle performance management in a way that aligns with their culture. These real-world examples demonstrate how structured communication, ...

In many organizations, procurement still operates with a rearview mirror. Supplier performance is reviewed monthly. Scorecards are distributed after the fact. Delays are explained, but rarely ...

The failure to track and manage supplier performance can cause many business issues, especially for companies with large amounts of raw materials and SKU complexity in a global supply chain network.

Device manufacturers vary in their ability to manage material suppliers. Not effectively managing suppliers may result in increased material variation, processing problems, and marginal product ...

The supplier management process begins with the evaluation and selection of suppliers. Supplier selection and qualification may vary by device OEMs according to their own unique requirements. However, ...