Process for Implemenation of Supplier Development Strategy

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EXPLAIN THE SUPPLIER DEVELOPMENT PROCESS [pic] Table of Contents 1. Introduction 3 2. There are 8 stages of implementation of supplier development 3 2.1 Identify critical commodities for development 3 2.2 Identify critical suppliers for development 3 2.3 Form a cross-functional team 3 2.4 Meet with supplier’s top management team 3 2.5 Identify opportunities and probability for improvement 3 2.6 Identify key projects 3 2.7 Define details of the agreement 3 2.8 Monitor status and modify strategies 3 3. Different types Supply Chain relationships 3 4. Portfolio Analysis 3 4.1 Captive buyer 3 4.2Captive Supplier 3 4.3…show more content…
|Collaborative |Alliance | | |Relationships |relationships |relationships | |Communication |High potential for problems |Systematic approach to | | | |enhance communication | |Competitive |Low |High | |advantage |Independence | | |Connectedness |Little |Interdependence | |Continuous |Few | | |improvement | |A focus on | |Contributions to | | | |new product |Low |Many/early supplier | |development

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