Creating Efficiency in Supplier Management
Webinar Details $219
- Webinar Length: 100 Minutes
- Guest Speaker: Kevin Giblin
- Topic: Purchasing
- Credit: CPE 2.0, ATAPU 1.5
Your Benefits of Attending:
- Understand the elements of supplier management
- Learn about metrics that matter and how to use them
- Gain insight into the "7-steps" of supplier management that optimize resources and minimize effort
- Hear case studies on measures of success
One size does not fit all! You will leave this webinar knowing how to more efficiently and effectively manage suppliers based on critical importance and areas of impact.
- Introduction 00:01:16
- Kevin Giblin - Biography 00:02:21
- Today’s Agenda 00:04:05
- Today’s Learning Objectives 00:09:25
- Supplier Management Process 00:10:55
- Traditional Role - Supplier Management 00:11:06
- Functional Evolution - Supplier Management 00:14:26
- Supplier Management Process - Today’s Challenges 00:20:43
- Operational Challenges 00:22:15
- Management Challenges 00:25:55
- Efficiency Challenges 00:26:53
- Overcoming Challenges 00:30:07
- Supplier Management Process - Elements Of The Function 00:34:48
- Typical Supplier Management 00:35:28
- Segmentation 00:42:02
- Three - Dimensional Segmentation 00:44:52
- Three - Dimensional Segmentation 00:45:25
- Supplier Relationship Maturity 00:47:27
- Supplier Management Success Factors 00:51:31
- Supplier Management Process - Dimensions of Supplier Management 00:55:00
- Supplier Management = Risk Management 00:55:30
- The “Impact Tree” of Risk Mitigation 00:58:52
- Risk Due Diligence 01:00:18
- Technology-Related Risks 01:03:38
- Financial and Operational Risk 01:06:45
- Supplier Viability Risk 01:08:22
- Prioritizing Risk 01:10:34
- Supplier Management Process - Tools for Efficient and Effective Supplier Management 01:11:45
- The “Manage and Measure” Checklist 01:12:58
- “Forward-Looking” Performance Insight 01:15:51
- “Actionable” Measurement 01:17:44
- Supplier Management Process - Data-Driven Decisions 01:20:07
- Managing Data = Improved Supplier Management 01:20:26
- Managing Data = Improved Supplier Management 01:21:59
- Data-Driven Supplier Management Approach 01:22:36
- Information Dashboard 01:23:03
- Supplier Management Process - The Bottom Line 01:23:23
- Key Elements of An Efficient Program 01:25:49
- Seizing The Moment 01:27:57
- Investing in Supplier Management 01:31:22
- Efficient Supplier Management Makes A Difference! 01:33:05
- Presentation Closing 01:38:46
- Commodity 00:53:49
- Contract 00:12:50
- Key Performance Indicators (KPI) 00:12:53
- Procurement 00:11:24
- Risk Mitigation 01:32:36
- Service Level Agreements (SLAs) 00:12:52
- Supplier 00:07:05, 00:07:25
- Supplier Relationship Management 00:15:40
- Supplier Segmentation 00:36:04, 00:36:23
- Supply Chain 00:13:48, 01:29:11
Commodity: A basic good used in commerce that is interchangeable with other goods of the same type.
Contract: A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.
Key Performance Indicator (KPI) : A Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets.
Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared.
Risk Mitigation: Risk mitigation involves taking action to reduce an organization's exposure to potential risks and reduce the likelihood that those risks will happen again.
Service Level Agreements (SLA): A service level agreement (SLA) is a formal document that defines a working relationship between parties to a service contract.
Supplier: A supplier is an entity that supplies goods and services to another organization. A supplier is usually a manufacturer or a distributor. A distributor buys goods from multiple manufacturers and sells them to its customers. Similar Terms. A supplier is also known as a vendor.
Supplier Relationship Management (SRM) : Supplier relationship management is the discipline of strategically planning for, and managing, all interactions with third-party organizations that supply goods and/or services to an organization The objective of SRM is to maximize the value of those interactions.
Supplier segmentation: The process of allocating suppliers into distinct groups so that limited resources can be allocated to manage them effectively.
Supply Chain: A supply chain is a network between a company and its suppliers to produce and distribute a specific product to the final buyer. The supply chain also represents the steps it takes to get the product or service from its original state to the customer.