We reduce costs through systematic supplier management.
Shaping supplier relationships
Supply Chain Management
Nowadays, supplier management is an integral part of purchasing and supply chain management. In a global shopping world, this is becoming more and more important and includes a large number of components. Those who can successfully manage these components can gain significant competitive advantages for their company.
We support you in building ideal supplier relationships
- Analysis and clustering of materials and suppliers
- Supplier evaluation – development of an extensive set of criteria
- Development of catalogues of measures
- Integration of a continuous improvement process
ifp consulting supports you in the correct assessment of your suppliers. Together with you, we develop a multi-level, precise set of criteria that is not based solely on cost aspects but also takes into account criteria such as quality, security of supply, risk and innovation.
Based on extensive analyzes, we work with you to define the material groups and suppliers for which an assessment is effective. Following the evaluation of the suppliers, there is a ranking and the definition of measures in the form of a catalogue of measures.
To obtain a reliable and sustainable evaluation of your suppliers and their performance, we recommend evaluating the suppliers at regular intervals (at least once a year) and thus initiating a continuous improvement process in your company. We would be happy to support you in developing a suitable concept.
Supplier management in practice
Supplier management generally pursues the goal of systematically assessing the performance of suppliers. Companies evaluate existing and/or potential suppliers in a way that is often company-specific.
The evaluation is carried out according to previously selected, and weighted characteristics, and the aim is to create a transparent supplier base for future decisions. The frequently defined KPIs (Key Performance Indicators) support the buyer in making a decision based on objective criteria. In the long term, this means that potential costs can be implemented in procurement.