Supplier Management

Supplier Diversity Best Practices – Optimization, Sustainability and Vendor Management

A discipline of working collaboratively with those suppliers that are vital to the success of our clients, as well as, to maximize the potential value of those relationships. Once the sourcing (procurement) team has engaged a supplier there is a real need to maintain a balance of control in the new relationship to ensure the benefits of that collaboration are delivered. Without a proper change control process in place, this can lead to not only the failure to deliver the projected on-boarding benefit but create frustrating and unsatisfactory relationships which in turn can impact service, cost and the ability to adapt to changing market influences.

Our Cost-Effective Supplier and Vendor Management Program

  • Recognizes that “Supplier and Vendor Management” can be used as an important component of an overall strategy to attract customers from niche and emerging market segments.
  • Views supplier and vendor management as an expression to foster B2B and B2C business and customer relationships.
  • Is driven by a clear value proposition on “what to do” and “what not to do”, and is designed to create and capture value.
  • Is based on the clear identification of critical internal processes that need to be enhanced to support change capability and drive success.
  • Identifies the need to align the strategic plan with the appropriate external and internal skills sets, information technology and organizational resources.

Although it represents a new and more comprehensive approach, it also represents a more sustainable and transparent strategy for institutionalizing the capacity-building process desired from any successful Supplier and Vendor Management Program.

Value Statement

At CIS, our goal is to leverage current innovative solutions and utilize custom-made, field-tested methodologies to address the needs of Supplier and Vendor Management Programs.

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