Supplier development tools and techniques pdf
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It is an ongoing, goal-oriented process that aims to build stronger, more efficient, and more resilient supplier relationships When appropriate a ref-erence source for further reading is provided Sample supplier and organization development techniques include: n Joint investment in new capabilities; n Intellectual capital sharing; n Joint value creation opportunity identification; n Joint process mapping and improvement; n Capability acquisition by supplier; n Multi-supplier collaboration; n Multi-organization collaboration; Supplier development strategies can result in significant improvements in supplier performance, including; Reducing product defects by–%, Improving on-time delivery by%, Reducing order fulfillment cycle time by–%, Improving product performance by–% Supplier development refers to the systematic and strategic process of collaborating with suppliers to develop and enhance their capabilities and business performance and improve supply chain management. Chair of Logistics Management Department of Management, Technology, and Economics Swiss Federal Methodology. T his research This paper focuses on the concept of supplier development (the establishment of a long-term business partnership between a company and its supplier community to the MSc ETH MTEC Spring Prof. Sample supplier and organization development techniques include: n Joint investment in new capabilities; n Intellectual capital sharing; n Joint value creation opportunity Enhancing Supplier Development: An Efficiency Perspective. Hung-Chung Su, Yi-Su Chen, and Ta-Wei (Daniel) Kao. University of Michigan-Dearborn. This study is based on the multiple case study methodology suggested by Yin (). Dr. Stephan M. Wagner. The problem formulation aims to analyze “how” and “why” the individual cases After scanning supplier-development strategies used in more than sixty organizations, we developed the following seven-step generic process map for deploying these initiativesOther case studies of supplier-development efforts describe variations of this modelMost of the organizations studied deployed the first three or four steps, but Thetools and techniques below are not definitive but they do provide a comprehensive listing of some of the major tools and techniques regularly used by managers in procurement and supply, as well as some of the most recently developed by academics and consultants.