Supplier Sourcing and Strategy
Agenda
- Why we need better qualification of sources
- The evolving role of supply in the procurement of services
- Increasing value of qualified source of supply
- Current trends
- The expanding role of supply in the procurement of services
- Shift from passive to proactive
- Comparison and contrast with applications
- The increasing value or audits
- Pre-qualification
- Past performance
- Financial
- Risk management
- Implementing a strategic sourcing plan
- Dealing effectively with internal customers
- Identifying pre-requisites for a successful provider relationship
- Major criteria to consider
- Supplier selection – transaction vs relationship orientation
- Services to consider
- The procurement process for sourcing
- Horizon for planning
- Time to drop dead
- Pre-qualification of sources
- Type of solicitation to employ
- Dealing effectively with the difference between services and materials
- Type of statement of work to employ
- Quick reference chart
- Outsourcing of certain aspects of the acquisition
- Proper definition
- How and when to apply
- Risk and potential benefits of outsourcing
- What to look for in an outsource candidate
- Developing and managing service contracts
- Recognizing the differences between contract law and the Uniform Commercial Code (UCC)
- Contract law basis
- International legal aspects
- Applying quality principles in the procurement of services
- Developing supplier service performance metrics
- Applying Kaizen techniques to services
- Applying total cost of ownership (TCO) to best value
- Price principles and their use and application
- Should cost values
- Negotiation to secure the overall best value solution
- Case Studies – Review and Analysis
1 of 4 additional courses in the Purchasing Series. Complete three of the four courses to earn the Honda Supplier Training Advanced Automotive Buyer Certification.