Supplier Management
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Supplier Management
An effective supplier management system is essential for ensuring the quality, reliability, and compliance of externally sourced products and services. ASFM assists clients in establishing and maintaining robust supplier management processes that align with applicable industry standards. This includes:
Developing systems for supplier selection, evaluation, and approval
Defining qualification criteria, risk-based approval workflows, and onboarding procedures to ensure only capable and compliant suppliers are added to the approved list.
Verifying supplier capability and capacity
Assessing technical competence, resource adequacy, infrastructure, and management system maturity to ensure suppliers can meet current and future demand consistently.
Conducting supplier performance reviews
Establishing performance monitoring frameworks, including key metrics such as quality, delivery, responsiveness, and issue resolution, with clear expectations and feedback loops.
Applying risk-based criteria for supplier qualification and ongoing surveillance
Incorporating risk classification, criticality of supplied product or service, and historical performance to determine the frequency and depth of audits, inspections, and reviews.
Supporting supplier development and improvement initiatives
Working collaboratively with suppliers to close performance gaps, implement corrective actions, adopt best practices, and enhance capabilities through coaching, process optimization, and training.
Establishing effective communication and escalation channels
Defining structured methods for supplier communication, issue escalation, and resolution tracking to ensure timely responses, transparency, and accountability throughout the supply chain.
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