a supplier performance review is an opportunity for you to meet with your suppliers one-on-one to discuss their performance against the key performance indicators (kpis), service level agreements (slas), and other standards. a supplier performance review is also a chance for people that interact indirectly or irregularly with your suppliers (accounting, it, legal, and sales) to provide their input on supplier performance. the foundation of a productive supplier performance review starts with establishing a clear understanding of how your supplier has performed against the contract terms, kpis, and metrics relevant to them. common ways of gathering data include: a supplier performance review is a time to have an honest, data-focused discussion about a supplierâs performance with all the relevant stakeholders in one room or on one call.
to ensure that your first supplier performance reviews are productive and manageable, itâs helpful to choose 2-3 of the documents and data sources mentioned above to create your supplier scorecard. whether youâre just starting supplier performance reviews for your organization or youâre doing the first performance review for a specific supplier, itâs important to wait at least 90 days from the implementation of a supplier before you review their performance. depending on how significant your spend is with a supplier or their record of performance, you can choose to meet as often as once per quarter or as little as once per year. if youâre looking to get started with supplier performance reviews or upgrading the workflow out of excel and manual surveys, our team at leverage has built an advanced technology platform to help with this and many other workflows, powered by a group of industry experts.
supplier review is the planned and systematic review of all relevant aspects of performance and the relationship with an important or strategic supplier. the agenda is unique to the supplier and prevailing circumstances. the agenda for a supplier review, be it an interim or full review therefore needs to provide for all of these.
review of past performance for the recent period and performance towards goals against leading kpis. review of how the relationship is working overall, perhaps using a two-way and business-wide survey. figure 9.9 gives an example of a 3p agenda for a supplier review meeting: • purpose – the purpose of this session, why it is here and what it is aiming to do. if there is specific preparatory work required then this should be included also and the agenda sent to all invitees well in advance.
step 1: putting the supplier on the dentist’s chair step 2: setting the right agenda step 3: your place or mine? step 4: using portfolio 8 agenda items to make your supplier business review rock! 1/ performance review / look at the metrics – you have targets right? 2/ forecast review – what’s a supplier performance review is an opportunity for you to meet with your suppliers one-on-one to discuss their performance against the key, supplier review meeting template, supplier review meeting template, s&op supply review meeting agenda, quarterly review meeting template, quarterly business review with suppliers.
vendor management | use this template to guide review meetings with your vendor. knowing how to handle supplier review meetings is critical to getting the most out of them. here’s a guide on everything you need to know. supplier review agendas should be set well in advance of a supplier review meeting, in consultation with the supplier, and provide the basis for how, supplier performance review, supplier quarterly business review agenda, how to prepare for a supplier meeting, supplier review examples, purchasing meeting topics, procurement meeting agenda template, supply chain meeting agenda, first meeting with supplier, supplier meeting meaning, business review meeting.
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