Breaking the Buyer-Vendor Paradigm with Supplier Advisory Councils

Breaking the Buyer-Vendor Paradigm with Supplier Advisory Councils

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Recent experience and evidence suggests that the development of a supplier advisory council provides successful procurement organizations with cooperative partnerships to support the most effective servicing of stakeholders. The collaborative environment that a supplier council can offer allows members to suggest guidance on best-in-class service, quality and innovation, and provide feedback on planned initiatives that impact your supply chain. This input is invaluable to an organization seeking to develop holistic solutions and best-in-class outcomes for all stakeholders.

Topics covered in this session included:

  • How supplier councils work, why they are valued and specific benefits
  • The mechanics of supplier councils – how they are structured, selected and evaluated
  • How to identify and encourage supply partners to engage in supplier councils
  • Expected dialogue and output from participating members
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