There
are many forces and factors that affect the supply chain. It is
becoming increasingly important to analyze the relationship between all
of these factors of the chain. One of the ways to analyze the
relationships it to establish work processes. One work process example
is an optimized strategy consisting of the approval, negotiation,
implementation and monitoring of supplier contracts and performance.
The Sinclair Group has the expertise to identify high-value
opportunities for improvement through partnership and implementation of
work practices.
What are the primary drivers of the Supplier Management Work Process?
- Decrease procurement costs from suppliers
- Increase supplier services
- Lower transaction costs
- Decrease inventory costs
- Standardization of equipment
- Significant reductions of the supplier base
- Improved management of suppliers
- Establish relationships with key senior management of major suppliers
- Technical and procurement cooperation
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