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Developed by AIAG, this self-survey is designed to validate that the supplier has robust material planning and delivery processes in place to support overall business objectives. It is a required component of many automotive supplier programs, including Ford, GM, Chrysler, JLR, PSA, Volvo car and Volvo Truck. [18] [19]
Supplier relationship management (SRM) is the systematic, enterprise-wide assessment of suppliers' strengths, performance and capabilities with respect to overall business strategy, determination of what activities to engage in with different suppliers, and planning and execution of all interactions with suppliers, in a coordinated fashion across the relationship life cycle, to maximize the ...
Supplier diversity programs recognize that sourcing products and services from previously under-used suppliers helps to sustain and progressively transform a company's supply chain, thus quantitatively reflecting the demographics of the community in which it operates by recording transactions with diverse suppliers.
Strategic sourcing is the process of developing channels of supply at the lowest total cost, not just the lowest purchase price.It expands upon traditional organisational purchasing activities to embrace all activities within the procurement cycle, from specification to receipt, payment for goods and services [1] to sourcing production lines where the labor market would increase firms' ROI. [2]
Canada's Automotive Supplier Innovation Program (ASIP) supports initiatives of companies that innovate in the automotive sector.By giving an Automotive Innovation Fund it strengthens Canada's parts supply base and creates a favorable environment for automotive research and development while providing small and mid-sized companies the opportunity to enter global supply chains.
Collaborative planning, forecasting, and replenishment (CPFR) is an approach to the supply chain process which focuses on joint practices.This is done through cooperative management of inventory through joint visibility and replenishment of products throughout the supply chain.
Supplier performance management (SPM) is a business practice which extends supplier evaluation, [1] and is used to measure, analyze, and manage the performance of a supplier in an effort to cut costs, alleviate risks, and drive continuous improvement. It is a function often associated with third party management. The ultimate intent is to ...
The use of supplier associations originated from Japanese manufacturing, where they are referred to as kyoryoku kai. [1] [2] Such groups are in widespread use in Japan. [3] Supplier associations are used to develop awareness, education and change programs that are designed to achieve improvements.