Beginning in 2011, Whirlpool embarked on an ambitious plan to manage suppliers in a new way. This presentation reviewed the initial challenges that brought about this program, and how the journey required new thinking, a new organizational structure and supporting technology. The project is now in its second phase and has delivered clear results and lessons that other manufacturing organizations can apply to their efforts to better leverage a diverse, global supply base. Discover how Whirlpool went from improving Vendor Management to establishing Core Purchasing across a complex global organization.
Topics covered in this session included:
- Strategies for assessing the reach and capabilities of your Vendor Management environments and the third party tools that are available to help
- Lessons learned when bringing change to a large ecosystem of suppliers and operational processes
- The importance of master data as a precursor to improved supplier management
Categories: 2015 Fall - Huntington, Summit Presentations
SRC Type: Sourcing Management, Talent Management, Third Party Management