Kodiak Community
Supplier quality management is an overall evaluation of delivery and performance within the boundaries of agreed upon terms and conditions of supplier and buyer.
Supplier quality management is an overall evaluation of delivery and performance within the boundaries of agreed upon terms and conditions of supplier and buyer.
A procurement strategy should be structured with a clearly defined set of goals and an overarching vision. Having clear goals in mind will allow your procurement team to backtrack, and think; ‘what do we need to do now, to reach our goals later.’
Procurement and sourcing teams are heavily reliant upon the effectiveness of the suppliers they choose to collaborate with. Relationship management between buyer and supplier is crucial to the success rate of a partnership, and both parties must learn to give and take to create fair/shared value.