Evaluating Your Suppliers: Practical Approaches to Getting Results
This webinar will provide supply chain managers with tips, tools and techniques for successfully choosing the right metrics for measuring supplier performance and guidance on creating a business process for ensuring success and results. It will discuss how to use supplier evaluation for reducing costs, mitigating risk, driving continuous improvement and leveraging supplier value. The webinar will cover topics such as:
- Why you should measure supplier performance
- What should you measure and how to figure that out
- Examples of commonly measured areas
- Why you need to use leading indicators, not just lagging indicators
- Why supplier risk has become so critical and using evaluation to help address it
- How to segment your supply base in order to decide which suppliers to measure
- Common sources and types of supplier information and evaluation approaches
- Supplier evaluation implementation examples and success factors
Date recorded: Thursday, October 15, 2009
Webinars are offered in two formats: Live and Archived.
Cost/How to register
Sherry Gordon is President of Value Chain Group, a consulting firm that helps companies improve their operations by applying supply management practices and performance improvement strategies and methodologies such as Lean and Six Sigma to their supply chains. She is also an industry analyst, consultant and adviser to software companies. Gordon is an innovator in enterprise measurement and performance improvement techniques and a thought leader in supplier performance management. She brings many years of experience as a practitioner, management consultant, entrepreneur and business person. Gordon was founder and CEO of Valuedge, which offered a supplier evaluation software solution and was acquired by Emptoris, where she was Vice President, Supplier Performance. Before founding Valuedge, she ran the New England Suppliers Institute (NESI), a non-profit organization focused on improving customer-supplier business relationships and on using lean enterprise practices to improve supplier performance. Before that, she held positions with several major manufacturing and distribution companies and management consulting firms. Gordon is the author of the highly-regarded book Supplier Evaluation and Performance Excellence: A Guide to Meaningful Metrics and Successful Results, published in 2008. Gordon earned a B.A. from University of Michigan, M.A. from Columbia University, and an MBA from Simmons College School of Management.