Whether you have a supplier that wants more of your business or a one who’s not performing up to your standards, you need an effective way to review and audit their performance that produces viable information for you to make informed decisions.
• Crafting mutually beneficial supplier scorecards so they know exactly how they’re performing against your SOW
• Obtaining the right mix of data to benchmark
• At what point do you determine your suppliers need to be audited—is there a regular schedule or review process?
• What are the best methods to audit your suppliers?
• Is it possible to work with underperforming suppliers to bring them back up?