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Supplier Segmentation & Management

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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 is 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 service is designed to streamline your experience.

Unpacking our approach

Segmentation of supply chain:

We categorise suppliers based on a refined set of criteria, identifying key strategic partners for your business.

Beyond simple measure:

Our segmentation tool considers a range of risk factors, value, and criticality, ensuring your resources are directed 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’ 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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