Welcome to the first in a series on how to effectively
manage suppliers through data collection and analysis. We must always be looking for ways to keep one step ahead of the suppliers and be able to anticipate coming events and more importantly the reaction to those events. Looking at the life cycle of a product and defining where suppliers fit and how, we can start to establish a baseline for data collection and analysis.
JADE's Supply Chain Circle of Life:
- Design Concept or Change
- Pre-Vendor Selection
- Vendor Audits
- Request for Quote
- Vendor Selection
- Design Review
- Design Freeze
- Prototypes
- Pre-Production Approval
- Ramp up to Launch
- Start of Production
- Continuous Improvement
With a baseline to start from, we can look at how to gather data on Suppliers and how to put together meaningful
Supplier Scorecards, look at the best approaches to
Supplier Audits and follow up with
Supplier Corrective Actions and
Continuous Improvement methodology.
