Putting Suppliers at the Center of your Organization
Historically, procurement has tended to look at two linked but separate process cycles - the category management process and the purchase-to-pay process. But when we think about how we can achieve competitive advantage in our organisations, it is clear that suppliers must be at the heart of this.
So there is a strong argument for looking at what we call the supplier lifecycle process and management of that lifecycle. That incorporates everything from supplier onboarding to performance management and supplier-driven innovation.
In this session, we will explain what is meant by supplier lifecycle management, and how the different elements fit together. We will also discuss what this means in practice for procurement professionals - how might we change our processes, activities and thinking to take advantage of this approach?
Key Topics of the Webinar:
- Understanding the role of suppliers
- Creating competitive advantage
- Supplier lifecycle management versus traditional approaches
- The elements of SLM
- What does this mean in practice; key take-aways