Supplier Performance KPIs for Operative Buyers: Connect Supplier Results to Buyer Control
Learn how supplier performance KPIs for delivery, acknowledgement, flexibility, quality, invoices and responsiveness connect to operative buyer control KPIs.
Knowledge Base
Tag: supplier management
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Supplier Scorecard in Procurement: How to Build and Use One
Learn how to build a supplier scorecard using relevant KPIs, reliable data, weighting, supplier reviews and corrective actions in six practical steps
Category Strategy Example – Small Machined Parts at LHTS AB
A worked category strategy for small machined parts covering cost drivers, supplier segmentation, quality, resilience and implementation.
Category Strategy Example – Facility Management at LHTS AB
A worked facility management category strategy covering scope, supplier models, lifecycle cost, sustainability, KPIs and implementation.
Category Strategy Example – Enterprise Laptops at LHTS AB
A worked laptop category-strategy example covering lifecycle cost, specifications, sourcing, security, sustainability and implementation.
How to Build an Effective Supplier Relationship Management Program
Learn how to build a practical supplier relationship management model using segmentation, scorecards, governance and joint business planning.
Supplier Partnership in Product Development: How to Co-Develop a Key Product Feature
Learn how procurement can build a supplier partnership to co-develop a key product feature, manage IP and risk, and move successfully from concept to launch.
How Procurement Can Optimize Operating Capital with A, B and C Management
Operating capital (working capital) becomes a procurement issue when cash is tied up in purchased materials, advance payments, unfinished supplier work, excess commitments, or inefficient payment processes. For a procurement manager, the objective is not simply to reduce inventory or delay supplier payments. The objective is to release cash without creating supply interruptions, quality problems, higher…
Category Management Handover Plan: 8 Steps for a Smooth Transition
Learn how to create a category management handover plan in procurement. Use this 8-step structure to transfer supplier knowledge, contracts, stakeholders, KPIs, risks, systems, and category strategy to a new category manager.
Procurement Fraud Prevention: How Buyers Can Identify and Reduce Fraud Risk
Procurement fraud prevention is not only a compliance task. It is a practical buyer responsibility that protects company money, supplier competition and trust in the procurement process. Fraud risk can appear when specifications are written, suppliers are invited, tenders are evaluated, contracts are changed, invoices are approved or supplier performance is accepted without proper control.…