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Supplier partnerships

Supplier partnerships. By / Ahmed Magdy Ahmed 5411503 Ibrahim Mohamed Ibrahim 5411501 Mohamed Hany Mohamed 5411508. Topics of todays discussion. 1. 2. 3. Introduction. Supplier partnerships. Stages in partnership life cycle.

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Supplier partnerships

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  1. Supplier partnerships By / Ahmed Magdy Ahmed 5411503 Ibrahim Mohamed Ibrahim 5411501 Mohamed Hany Mohamed 5411508

  2. Topics of todays discussion 1 2 3 Introduction Supplier partnerships Stages in partnership life cycle Developing Supplier Partnerships Benefits & Attributes of Supplier partnerships Types of supplier sourcing Supplier Ranking 4 5 6 7

  3. Introduction Organization and suppliers have the same goal – to satisfy the end user. Deming suggested that long term relationship of loyalty and trust should be developed with the supplier to ensure improved products & services.

  4. Supplier partnerships Supplier partnership is a long-term commitment between an organizations and one or more supplier for the purpose of achieving specific business goals & objectives. • The relationship is based upon trust, cooperate to achieve common goals and objectives.

  5. Cont. Partnering The three key elements of partnering are: • Long-term commitment. • Trust. • Shared vision.

  6. Developing Supplier Partnerships Building trust Shared Vision & Objectives Personal Relationships Mutual Benefits & Needs Information Sharing

  7. Stages in partnership life cycle

  8. Benefits of Supplier partnerships Lower total costs Reduced time to market Improved quality Improved technology flow from suppliers Improved continuity of supply

  9. Attributes of Supplier partnerships : Focus on improvements High level of commitment. Win-win negotiations Executive level support

  10. Types of supplier sourcing 1- Sole sourcing • Organization is forced to use only one supplier. 2- Multiple sourcing • Two or more suppliers for an item are used. 3- Single sourcing • A planned decision by the organization to select one supplier for an item when several sources are available

  11. Supplier Ranking Unacceptable suppliers Acceptable suppliers Preferred suppliers Exceptional suppliers

  12. Thank you

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