Key Takeaways :
- The program takes you through various scientific methods (IBM & Bell) of Vendor Rating & Capability Assessment in order to develop a healthy Vendor base which will help you reduce your working capital and lead time of your products
- To achieve the survival mantra of cost quality and speed , more and more organizations are adopting the Vendor Quality Management Strategies to remain competitive and remain market leaders.
- Helps you evaluate the SC flexibility to meet fluctuations in customers demand on increased volumes and advancing time lines.
- Develop an enterprise culture centered on supplier’s accountability for quality and timely delivery
Program Content :
- Vendor Management/Development
- Vendor Rationalization
- Various models on Vendor Rating & Assessment
- Vendor Selection Cos t of Quality
- Vendor accountability on Quality of their supplies
- Build Vendor Quality Systems
- Alternate Source development
- Renegotiate Contracts
- Vendor Development – Value drivers
- Vendor accountability to Quality
- Quality Performance
- VOC / VOP
- Process capability
- Vendor flexibility
- Delivery Performance
- Key Performance Indicators (KPIs) of all related processes and actions to Accelerate Operational Excellence
- Vendor meet
- Vendor reward scheme
- Vendor satisfaction survey