Your Supplier Risk and Relationship Maturity Score overview

Radar Chart

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Here are some tips and valuable resources

As manufacturers, you play a key role in ensuring that the entire supply chain remains agile and responsive in the face of disruptions. To support your efforts, we’ve gathered practical tips to strengthen your supplier network collaboration, helping you optimize production and build a more resilient supply chain.

  • You indicated that you do not have standardized process in place to share updates on BOM recipes and production instructions with your external manufacturers. We recommend that you develop standardized protocols for sharing BOM updates and production instructions so that you can already define your governance as of the initial transfer of product/technology.
  • You indicated that you do not have visibility into your external manufacturer’s production performance. That’s ok, it may seem daunting but you can start small as there is no immediate need to make your monitoring real-time. You may want to consider beginning with aggregate datapoints and metrics, as these will help you to identify continuous improvement initiatives.
  • You responded that your continuous improvement initiatives are not conducted jointly with your suppliers. A good startimng point is to perform a round-table to identify opportunities for improvement. You can then pilot a CIP cycle and assess if it is worth continuing. 
  • You told us that you do not receive (near) real-time production data from your external manufacturer. No problem, you can start small by identifying planned and completed timestamps on important production milestones. You can then select one of your trusted, qualified suppliers with whom to trial the data sharing to assess its value before rolling-out more widely. 
  • You indicated that roles and responsibilities are not defined for how to (re/pro)act based on data. When data is being shared between groups, it can result in uncertainty or misalignment around who should react to the information. A quick win for you here would be to consider developing a decision tree of scenarios that outlines clear roles and responsibilities for who should do what, when. 

Valuable resources for you:

supplier network collaboration

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Our experts are happy to listen to your challenges and share valuable tips.