Supplier Risk Prioritization Toolkit


• Develop programs to penetrate the supplier bases of existing clients to increase sales opportunities (with management).
  
  

• Manage work with quality team to monitor supplier performance to identify areas in need of improvement; lead efforts to partner with suppliers to bring performance to acceptable levels.
  
  

• Manage work with Supply Chain partners to establish and maintain a supplier Compliance Program.
  
  

• Initiate, review and analyzes Corrective Action reports and purchase orders in an effort to reduce and eliminate defects and maintain the supplier Corrective Action system.
  
  

• Lead creating supplier audit schedule and participating in audits which are conducted on a scheduled basis, record action items, and ensure timely follow up.
  
  

• Ensure supplier meets all critical measures of performance consistently by consistently executing on an operating plan with clear goals and control plans.
  
  

• Establish that your enterprise oversees the development of strategies and processes to achieve annual Cost Savings, Working Capital improvement, budget performance, and supplier Performance Targets.
  
  

• Arrange that your team establishes supplier evaluation/Selection Criteria and coordinates supplier Due Diligence activities.
  
  

• Provide regular intelligence to stakeholders regarding your organizations evolving spend profile, savings results, supplier diversity progress and Risk Mitigation activities.
  
  

• Ensure your organization provides the optimum Supply Chain solutions with respect to supplier strategy, supply base consolidation, cost, quality, availability and technical capabilities.
  
  

• Perform on site supplier visits for Root Cause Analysis and verification of correction actions of supplier Quality Issues.
  
  

• Manage and enhance supplier performance through the establishment and/or monitoring of KPIs/SLAs (contract content) and effective supplier and stake holder interaction.
  
  

• Provide accountability for supplier selection and Quality Standards as per given Standard Operating Procedures.
  
  

• Ensure you mobilize; established a consistent methodology for managing supplier performance, driving Continuous Improvement and developing high quality supplier relationships.
  
  

• Ensure your organization provides support and expertise to it for any Quality Issues encountered from suppliers (third party complaints) and to work with the supplier directly to obtain investigation responses and Corrective Action plans to address quality failures and issues.
  
  

• Ensure you instruct; lead strategic supplier selection (on boarding), consolidation, Risk Management, and removal.
  
  

• Negotiate contracts for adherence to corporate contracting standards and policies and escalate contract terms that impact the supplier Risk Profile for consideration and approval as appropriate.
  
  

• Be accountable for executing the Supplier Quality Management Strategy.
  
  

• Develop spend strategies, identify potential suppliers, analyze supplier capabilities, select suppliers and determine prices, terms, and conditions of agreements.
  
  

• Ensure your enterprise maintains formal and informal contact with customers and management regarding any issues affecting performance or cost and makes decisions affecting subcontractor supplier status.
  
  

• Represent contract Manufacturing Operations on new supplier startups, commercialization /New Product Development projects to achieve project costs, quality and timelines.
  
  

• Identify Root Cause of any issues and drive appropriate Corrective Actions of Data integrity with supplier and follow up items for actuarial and Financial Reporting.
  
  

• Be certain that your planning complies; schedules and maintains oversight of Penetration Testing, Risk Analyses and Security Assessments from third parties.
  
  


Save time, empower your teams and effectively upgrade your processes with access to this practical Supplier Risk Prioritization Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Supplier Risk Prioritization related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Supplier Risk Prioritization specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Supplier Risk Prioritization Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Supplier Risk Prioritization improvements can be made.

Examples; 10 of the 999 standard requirements:


1. What sort of initial information to gather?
   
   

2. How do you identify the kinds of information that you will need?
   
   

3. Is your strategy driving your strategy? Or is the way in which you allocate resources driving your strategy?
   
   

4. Are the planned controls in place?
   
   

5. Who have you, as a company, historically been when you've been at your best?
   
   

6. Are pertinent alerts monitored, analyzed and distributed to appropriate personnel?
   
   

7. Are you aware of what could cause a problem?
   
   

8. Looking at each person individually - does every one have the qualities which are needed to work in this group?
   
   

9. What is the problem and/or vulnerability?
   
   

10. What vendors make products that address the Supplier Risk Prioritization needs?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Supplier Risk Prioritization book in PDF containing 994 requirements, which criteria correspond to the criteria in...


Your Supplier Risk Prioritization self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Supplier Risk Prioritization Self-Assessment and Scorecard you will develop a clear picture of which Supplier Risk Prioritization areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Supplier Risk Prioritization Self-Assessment

• Is secure: Ensures offline Data Protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Supplier Risk Prioritization projects with the 62 implementation resources:


• 62 step-by-step Supplier Risk Prioritization Project Management Form Templates covering over 1500 Supplier Risk Prioritization project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?
   
   

2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?
   
   

3. Project Scope Statement: Will all Supplier Risk Prioritization project issues be unconditionally tracked through the Issue Resolution process?
   
   

4. Closing Process Group: Did the Supplier Risk Prioritization Project Team have enough people to execute the Supplier Risk Prioritization Project Plan?
   
   

5. Source Selection Criteria: What are the guidelines regarding award without considerations?
   
   

6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Supplier Risk Prioritization Project Plan (variances)?
   
   

7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?
   
   

8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?
   
   

9. Procurement Audit: Was a formal review of tenders received undertaken?
   
   

10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?


 
Step-by-step and complete Supplier Risk Prioritization Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Supplier Risk Prioritization project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Supplier Risk Prioritization Project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Supplier Risk Prioritization Project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Supplier Risk Prioritization project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Supplier Risk Prioritization project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Supplier Risk Prioritization project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Supplier Risk Prioritization project with this in-depth Supplier Risk Prioritization Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Supplier Risk Prioritization projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based Best Practice strategies aligned with overall goals

• Integrate recent advances in Supplier Risk Prioritization and put Process Design strategies into practice according to Best Practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Supplier Risk Prioritization investments work better.

This Supplier Risk Prioritization All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.