130 likes | 478 Views
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.
E N D
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 Developing Supplier Partnerships Benefits & Attributes of Supplier partnerships Types of supplier sourcing Supplier Ranking 4 5 6 7
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.
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.
Cont. Partnering The three key elements of partnering are: • Long-term commitment. • Trust. • Shared vision.
Developing Supplier Partnerships Building trust Shared Vision & Objectives Personal Relationships Mutual Benefits & Needs Information Sharing
Benefits of Supplier partnerships Lower total costs Reduced time to market Improved quality Improved technology flow from suppliers Improved continuity of supply
Attributes of Supplier partnerships : Focus on improvements High level of commitment. Win-win negotiations Executive level support
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
Supplier Ranking Unacceptable suppliers Acceptable suppliers Preferred suppliers Exceptional suppliers