Supplier Relationship Management - How to Climb the 3 Levels of Supplier Value

The outcome of a good supplier relationshipidentify at what level the relationship is and how it
management (SRM) programme should be acan move forward.
continuous stream of improvement projects thatThe most basic level is called "stabilise". This is where
result in increased value for your organisation. But thisthe analysis of performance shows inconsistencies in
does not just happen. You need a process thatdelivering the product or service, either from a
delivers it effectively and efficiently. This articlequality, time or cost point of view. Early improvement
describes three levels of improvement that should beprojects are aimed at attacking the causes of
your aim.variability so that a consistent and reliable service is
As with any improvement project, you need toachieved.
baseline your starting point so that you haveThe next level up, once a stable performance has
something to measure improvements against.been achieved, is to improve on that level of
The initial baseline you can use for the relationship isperformance. This involves approaches such as Lean
based on a thin slice of the EFQM model. ADesign and Six Sigma.
representative cross-section of those involved inThe level after this is called the innovate phase. This
some way with the supplier and the delivery of theis where you look at transforming the way the
product or service are sent a one page questionnaireservice or product is delivered to achieve a step
to fill out. They do this twice; once from their ownchange improvement in quality, cost and service.
organisation's perspective and once from the point ofThe spirit of the SRM programme is that it involves
view of how they see the other party. Putting thiscontinuous improvement. As a result, the main
together gives a simple measure of where thecomponents of the process should be reviewed at
relationship is in terms of the enablers of goodregular intervals.
performance as well as the performance itself.Annually, you should check that your SRM partners
At regular intervals (typically twice a year) theare still the right ones and that your joint goals are
exercise is revisited to measure the progress thatstill the same. More frequently, you should check that
has been made.the pipeline is still filling with potential ideas and that
Having baselined the relationship, identified the areasyou still have access to the resources you need to
that need to be addressed and having dug into somemake it all happen.
of the root causes, you will be in a position to