Supplier development is an important part of your overall supply chain management strategy and essential for ensuring that the right suppliers are selected to deliver quality products and services
Supplier Development is the process of collaborating with strategic suppliers to improve performance and typically works to increase capacity in the areas of manufacturing, product development, compliance, and shipping,
It differentiates from Supplier management by being more than ensuring that the supplier lives up to contractual requirements. There is much to gain with a Supplier development programme like increase quality, reduce costs, shorten lead times, and improve delivery performance and benefit both buyer and supplier(s).
Supplier development is important because it ensures that your supplier evolves with you. If you outgrow your supplier or manufacturer you may be forced to find a replacement. It’s more convenient and less costly to manage issues in your existing supplier relationship than to go out and forge a new one.
Many of the products at the customer’s site require specific single source material. The manufacturer has decided to cut the supply of this product. This has led to an unforeseen and massive shortage on the global market. Because of the reduced supply, current production could not be covered. No alternative suppliers for product and the remaining stocks are limited.
Project Manager Hungary
Setup and management of new production sites for automotive suppliers. International leadership experience and profound industry knowledge.
Core competencies: Operational excellence, interim management, supply chain and supplier development
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You have questions, need further information, wish to talk with us or have a completely different request? Do not hesitate to call us or send us a message via the contact form below. We look forward to hearing from you!
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