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Supplier management

Supplier management

The competitiveness of manufacturing companies is increasingly influenced by the role of their suppliers in increasingly complex global supply chains. The success criteria of resilience such as cost efficiency, quality and reliable supply can only be achieved with appropriately qualified partners in the value chain. Successful and professional cooperation with suppliers becomes manifest by anchoring supplier management in the purchasing/corporate strategy. In day-to-day operations, risk prevention and the associated proactive supplier development should be given top priority.

Strategic Supplier Management

We provide supplier management support to companies in the manufacturing industry whose strategic supplier management or supplier relationships have reverted to old patterns based on mere transactions and assertion of self-interest, where the relationship with strategic suppliers is described as complicated, as well as in cases of obvious deficiencies with such key suppliers.

Our TMG Quick Check gives you an independent expert view of your improvement potential very quickly and offers the opportunity for focused implementation measures.

Supplier Risk Management

One structured preventive method is the use of supplier risk management. Due to increasingly volatile sales and procurement markets and at the same time growing complexity and diversity of products and components, this topic is gaining importance. For this purpose, we have developed a Supplier Performance & Risk Assessment which specifically and efficiently identifies possible weak points in your supply chain before your production comes to a standstill.

Supplier selection – the quick search for the 2nd source

Particularly in risk assessment, the question often arises as to whether the effort required to implement measures for the development of existing suppliers is worthwhile compared to the search for alternative suppliers. Based on jointly developed requirements, you define the criteria for the approval of new suppliers across departments. Depending on size, scope and specialization, the search is conducted conventionally or using AI technology. An on-site visit allows us to evaluate the performance of your (future) supplier. The supplier selection takes place along the criteria defined at the beginning in a joint decision-making process.

How digital are your suppliers?

The importance of digitally interconnected supply chains - locally and globally - is made clear by the need for resource efficiency in the procurement process: The higher the degree of digitization and thus automation of their processes, the better buyers can develop from administrative-operational purchasers into highly structured commodity group managers and strategic negotiators. This strongly supports the value creation of purchasing - also as a facilitator in product development.

Supplier evaluation and development

As part of evaluating suppliers, the topics of purchasing, quality and logistics are covered by individually defined evaluation criteria. Regarding the role of suppliers as development partners and the sustainability of the supply chain, aspects relating to innovation, risk, safety and the environment should also be considered. The supplier evaluation system that is right for your company forms the basis for evaluating your suppliers and subsequently also supports your purchasing department in continuous supplier development.

However, the effectiveness of your supplier evaluation only becomes apparent once the derived measures have been discussed and agreed upon with your suppliers. The implementation of the resulting recommendations must take place within a realistically defined period of time and must be documented. Numerous projects have taught us which steps are necessary and which measures have proven successful in practice in order to raise supplier performance to the required level. Ultimately, supplier development is primarily about optimizing the performance of the supplier portfolio, adapting to changing circumstances, and improving collaboration with the supplier.

Operational supplier qualification

Despite extensive activities in supplier management, the global, complex and interconnected nature of supply chains means that sudden performance breakdowns in these supply chains occur time and again. Our experience from several years of practical experience and numerous consulting projects in crisis situations as well as the management of suppliers in "day-to-day business" means that we are well equipped to help manufacturing companies of various sizes quickly and competently in the event of imminent or actual delivery failures. We know what is needed and what has been proven in practice to quickly restore supplier performance to the required level.

Through short-term "on-site" visits to critical suppliers, we find out where the weak points in the supply chain are and, using a supplier check specially developed by us, create transparency, define the necessary optimization measures, and help with the operational implementation of these measures. The focus is often on rapid implementation and ensuring the required quality. Our services also include building up production capacities if this serves supply security and is deemed useful or necessary for the stability of the supply chain. Supply-related production downtimes are thus a phenomenon of the past.

SUPPLIER SEARCH

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Purchasing & digital sourcing

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