Supplier Management in a Crisis
PASA CONNECT Virtual Roundtable – 22nd April 2020
Great discussion at this morning’s round-table on how we manage suppliers during the crisis. Thanks to Kate Skattang from State of Flux for bringing her expertise to the conversation.
We started by examining briefly the nature of the crisis and how most organisations are exposed to supplier risk during such a crisis. The conversation then moved on to mapping our supply chains, identifying our high risk suppliers, and how we effectively apply our resources?
We examined what ‘best-practice’ supplier management should look like. How do we become a customer of choice and why does it matter? How do we develop joint activity plans with our key suppliers ? What are the key elements of such plans?
The focus then moved on to how we apply these in the current crisis, addressing such questions as how we maintain and support our supply base through the crisis, how we deal with situations where suppliers are unable to meet contractual requirements, and whether now is a good time to be conducting sourcing exercises (the consensus was generally ‘no’, due to the huge amount of uncertainty in the market), and what the post-Covid 19 world might look like.
If you are interested in finding out how to be part of these conversations as a PASA Connect member, please drop me a line.
Cheers,
Nigel Wardropper
e: nigelw@pasa.net.au
t: +61 (0) 411 845 234
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