Supplier Performance

ThurmanCo, Project Management, Supplier Performance, KPI

What metrics are used to measure suppliers?

Communication between buyers and suppliers is critical to ensuring high-functioning and transparent relationships. A Supplier Performance Scorecard is a convenient tool allowing suppliers and buyers to regularly monitor their relationships through metrics. By establishing a scorecard, the supplier and the customer have a consistent means to measure and evaluate the supplier’s performance. This facilitates documenting …

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Challenges for women in engineering

The retention of women engineers continues to be an ongoing challenge. Women overcome many hurdles to enter the profession, starting with their education, where they often must scale exaggerated heights just to be considered equal to their male peers. Then once employed, women still leave engineering at higher rates than men. Women engineers often face …

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Getting started with a Supplier Performance Scorecard

What are the benefits of a Supplier Performance Scorecard? Communication between buyers and suppliers is critical to ensuring high-functioning and transparent relationships. A Supplier Performance Scorecard is a convenient tool allowing suppliers and buyers to regularly monitor their relationships. A Supplier Performance Scorecard system: Provides a consistent means to measure and evaluate supplier performance. Documents …

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A 4-step action plan to improve supplier performance management

Supply chain problems can hamper the procedures in every sector of a business. Most supply issues if properly traced, almost, always point to poor supplier performance. Knowing how to manage your suppliers’ performance perfectly isn’t as easy as it seems. It takes a lot of insight and experienced guidance. This article will help increase your …

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