Supplier Partnership Excellence
Overview
Supplier development is related to supplier relationship management and it is a process of working with certain suppliers on a one-to-one basis to improve their performance for the benefit of the buying organization. Supplier development programs need to be a major focus of organization who manufacture products and have a supply base as they lead to better business relationships with suppliers and improve communication, quality, and timing as a result.
Our Strengths
What We Do
Supplier Sourcing
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Sourcing is the first part of supply chain process and it is a process of selecting suppliers that provide goods or services. Sourcing is also known as procurement; it is the practice of locating and selecting businesses or individuals based on set criteria. Sourcing is carried out in business in many different areas and for different reasons. One of the most common uses of sourcing is in supply chain management. |
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Supplier Audits & Approvals
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Supplier evaluation and supplier appraisal are terms used in business and refer to the process of evaluating and approving potential suppliers by quantitative and qualitative assessments. The objective of this process is to ensure a bestsupplier is available for use.Supplier audits are typically conducted on behalf of their customersin order to check and verify compliance of a supplier’s work, products and processes for continuing supplies of high quality, at most competitive price and prompt deliveries. |
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Supplier Development Programs
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It is related to supplier relationship management and is the process of working with suppliers on a one-to-one basis to improve performance for the benefit of the organization. Supplier development programs need to be animportant and major focus of organizations, which are into manufacturing space and have a supply base. Good supplier and company relationships will lead to a good communication, quality, and better turnaround time as anend result. |
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Supplier Cluster Intervention
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The important objective of Cluster Interventions is to enhance the productivity and competitiveness through capacity building of the entrepreneurs and their businesses. Bridging the technological and operational gaps and thus reducing the cost of production, improving quality of the products and worldwide benchmarking of the quality parameters, are the major value additions over multiple challenges in this space.
Industry clusters are groups of similar, related or homogenous companies in a defined geographic area that share common markets, technologies, worker skill needs, and which are often linked by buyer-seller relationships. |
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Customer-Supplier SLA Intervention
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A service-level agreement (SLA) defines the level of service you expect from a supplier or a vendor, laying out the metrics by which service is measured, as well as penalties should agree-on service levels if not be achieved.A service-level agreement (SLA) is defined as an official commitment that prevails between a supplier and a client. The most common component of SLA is the services should be provided to the customer as agreed upon in the contract. |
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