Supplier Management

World-Class Supplier Management 

World-Class Supplier Management focuses on the continuous improvement of the design, development, and management of an organization's supply system. World-Class Supplier Management spans functional boundaries and company borders. Therefore, supplier management responsibility in World-Class Supplier Management  is owned by everyone in the firm, not just the supply chain management function. A major focus of supplier management in this context is the development and management of a relationship portfolio, where a supply base is categorized into transactional, collaborative, and alliance relationships. World-Class Supplier Management concentrates on proactively improving processes with the long-term goal of upgrading the competitive capability of the firm and the firm's supply chain.

This is a 2008 version of the step chart.  Showing an old chart is intentional.  Contact RI for the latest, updated version.