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Supplier Segmentation & Management

Streamline supply chain management: categorise suppliers, enhance visibility, improve compliance, and drive value.

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In a complex business landscape, managing your supply chain can be extremely challenging. Potential exposure to unknown risks and non-compliance challenges loom over every decision. An inconsistent approach to supplier and performance management can lead to costly inefficiencies, while reliance on non-data-driven assumptions adds layers of unnecessary risk.

We know that your resources can sometimes be stretched thin, contracts might not be managed to their true value, and levels of risk are unique to each organisation. And with the Procurement Act 2023 reshaping regulations, remaining compliant is not just an option – it’s a necessity.

SUPPLIER SEGMENTATION & MANAGEMENT

Our Supplier Segmentation & Management Consultancy Service is here to simplify and enhance your supply chain management processes.

Unpacking our approach

Segmentation of supply chain:

We categorise current suppliers based on refined criteria aligned with your organisation’s policies and values. This process segments or separates your suppliers, identifying key strategic partners and helps to sharpen your focus on these relationships to help drive your businessorganisation.

Beyond simple measures:

Our segmentation tool considers a range of risk factors, value, and criticality, ensuring your resources are allocated where they’re needed most.

Effective governance for contract and supplier management:

We establish and embed governance documents and processes that truly unlock supplier relationship management (SRM) value.

Supplier scorecards:

Move beyond traditional KPIs with continuous tracking and operational measures, creating a comprehensive view of your suppliers’ 360-performance. 

Managed change:

A clear communication strategy supports the seamless roll-out and implementation of changes across your organisation.

SUPPLIER SEGMENTATION & MANAGEMENT

Benefits that resonate with your needs

Organisations that leverage our Supplier Segmentation & Management Consultancy Service enjoy the following benefits:

Improved visibility of risk:

By segmenting suppliers and contracts, risks are clearly identified and managed, preventing unforeseen issues.

Enhanced supplier management:

Gain detailed insights into supplier performance and spending, enabling you to manage relationships more effectively, negotiate superior deals, and ensure compliance. 

Data-driven decision-making:

Our consistent approach to performance reporting affords you a comprehensive picture, facilitating greater management and service improvement.

Improved compliance:

Stay ahead of regulatory requirements with a framework that enhances contract and regulatory compliance. 

SUPPLIER SEGMENTATION & MANAGEMENT

Addressing your pain points

By leveraging our Supplier Segmentation & Management tool, you’ll mitigate potential exposure to risks and ensure consistent, data-driven supplier management. With centralised resources, you’ll coordinate and audit contract management practices efficiently, adapting seamlessly to the changing regulatory landscape.

Ready to transform your supply chain management? Fill in the form above to learn how our supplier segmentation & management solution can revolutionise your approach, providing the clarity and control your business needs to thrive.

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