Supplier Manager is the process owner of this process.
Objectives
The following diagram shows several objectives of supplier management:
Supplier Management Process
The following diagram shows several activities included in Supplier Management:
Here are the activities involved in Supplier Management Process:
◈ Implantation and enforcement of the supplier policy
◈ Maintenance of an SCD
◈ Supplier and contract evaluation and selection
◈ Supplier and contract categorization and risk assessment
◈ Contract review, renewal and termination
◈ Development, negotiation and agreement of contracts
◈ Maintenance of standard contracts, terms and conditions
◈ Management of contractual dispute resolution
◈ Management of sub-contracted suppliers
◈ Agreement and implementation of service and supplier improvement plans
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