Supplier Management

We reduce costs through systematic supplier management.

Shaping supplier relationships

Supply Chain Management

The Corona crisis has shown many companies that supply chains are exposed to a high level of risk and that supply chain managers must have established a crisis management system that functions quickly in order to master supply bottlenecks. Companies should therefore use the lessons learned from the crisis to create a resilient supply chain in the future and align it strategically.

Supply chain risk management is a proactive approach to managing risks along the entire value chain in order to anticipate undesirable consequences and create a resilient supply chain.

Supplier management in practice

Our understanding

Supplier management generally pursues the goal of systematically assessing the performance of suppliers. In doing so, companies evaluate existing and or potential suppliers in a way that is often company-specific.

The evaluation is based on previously selected and weighted characteristics and aims to create a transparent supplier basis for future decisions. The frequently defined KPIs (Key Performance Indicators) support the purchaser in making a decision based on objective criteria. In the long term, this will enable cost potential to be realized in procurement.

ifp Procedure

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 considerations, but also takes into account criteria such as quality, security of supply, risk, and innovative capability.

On the basis of extensive analyses, we work with you to define the material groups and suppliers for which an evaluation is target-oriented. The supplier evaluation is followed by a ranking and the definition of measures in the form of a catalogue of measures.

In order to obtain a reliable and sustainable evaluation of your suppliers and their performance, we recommend evaluating suppliers at regular intervals (at least once a year) and thus initiating a continuous improvement process in your company. We will be happy to support you in developing a suitable concept.

We support you in building ideal supplier relationships

  • Analysis and clustering of materials and suppliers
  • Supplier evaluation – development of a comprehensive set of criteria
  • Development of catalogues of measures
  • Integration of a continuous improvement process