Hunting and Farming Suppliers- Driving Value Throughout The Supplier Lifecycle

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Hunting and Farming Suppliers- Driving Value Throughout The Supplier Lifecycle

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One reason organizations are not always successful at driving sustainable supplier-management initiatives is because of a flawed operating and resource model. Often, a significant amount of work is performed to develop templates, schedules, scorecards, and metrics. While this effort is well-intended, the execution component is too often overlooked. Without an alignment of resources, skill sets, and a focus on execution, it is very difficult to turn quarterly reviews, surveys, and scorecards around in a timely fashion. In this presentation, Huntington National Bank and Denali Group will discuss operationalizing supplier management and provide success stories from the field.

You will learn:

  • How to Create an Understanding of Bottlenecks in Operationalizing an Effective Supplier Management Function
  • How to Evaluate Risk And Performance In Various Stages Within The Organization’s Supplier Lifecycle
  • From a Case Study as To How a Financial Institution Successfully Adopted Risk Management, Which Is a Critical Function for Their Regulatory Industry

 

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