How can we asses supplier overstretching?
We conduct full due dellegence including their financial capacity and stability, what other KPIs to consider before awarding several contracts to the same supplier?
I am with the idea of not investing all my eggs in one basket. It is too risky if they all of a sudden face any issue and this would compromise all my projects with this specific supplier.
Therefore, I though if there is a way to assess supplier overstretching, regsrdless if what they have on ground and on papers, a precautionary measurement to protect the organization from this risk.
Any thoughts?
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Map out the process in succession of setting up from scratch a division/department of Procurement in either small or medium business i.e. do you start with Strategic planning or Procurement work Plan and Why . In your response, dont forget to remember to highlight low hanging fruits on the process.
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Dear all, hope everyone is doing well today. Just wondering if anyone knows of any Procurement specific mentoring programmes in the UK. Especially looking for someone to help provide guidance from "Tactical" thinking to a more strategic approach. Thank you, Carla M
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