Your Supplier Risk and Relationship Maturity Score overview
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Here are some tips and valuable resources
The ability to move goods efficiently, even in unpredictable conditions, is crucial for maintaining the flow of the supply chain. In today’s VUCA world, collaboration with suppliers and logistic department becomes even more critical for overcoming disruptions and optimizing delivery performance. We’ve compiled essential tips to help you strengthen supplier collaboration and improve logistics efficiency, ensuring that your supply chain remains agile and responsive.
- You indicated that your incoterms are not limited or uniform across suppliers delivering for the same brand. It’s good practice to standardize incoterms to make your product flows simpler but we also recommend sharing the documentation with your business excellence teams so they can use it as a blueprint for updating performance management calculations.
- You indicated that you do not have shared visibility into real-time shipment status and transportation parameters. That’s ok, but you may want to consider piloting a tracking solution to provide real-time visibility into shipment status and conditions. A good place to start could be defining the requirements for the data you would like to see.
- You responded that delivery exceptions or delays are not automatically communicated to or by your suppliers. We would recommend implementing a digital collaboration tool that uses exception-based alerting. If that’s not possible right now, you can start by registering the reason code for each delay and then incorporating these into your next improvement cycle to help prevent repeat exceptions in the future.
- You told us that you do not use a standard data format for logistics data shared with or received from your suppliers. Requests for information may vary in scope and format but the important thing is that such data can always be transformed into a standard format. You should consider implementing uniform data collection and documentation on your side so that you can always start from a position of common understanding when there is a request to share.
- You indicated that you do not have a uniform method for sharing or receiving shipping documentation from your suppliers. While we would recommend investing in a cloud-based collaboration tool, a handy interim step can be to set up an external SharePoint page (or similar), through which documentation can be shared to / from partners outside your organization. You should ensure that this approach includes basic version controling.
Valuable resources for you:
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