{"id":9560,"date":"2021-06-17T09:57:59","date_gmt":"2021-06-17T16:57:59","guid":{"rendered":"https:\/\/www.qad.com\/blog\/?p=9560"},"modified":"2021-06-17T10:06:30","modified_gmt":"2021-06-17T17:06:30","slug":"integrated-supplier-management-plan-execute-and-adapt","status":"publish","type":"post","link":"https:\/\/www.qad.com\/blog\/2021\/06\/integrated-supplier-management-plan-execute-and-adapt","title":{"rendered":"Integrated Supplier Management: Plan, Execute and Adapt"},"content":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;9561&#8243; img_size=&#8221;full&#8221;][vc_column_text]<span style=\"font-weight: 400;\">If the pandemic and other global events of the past year have taught us anything, it\u2019s that supply chains are fragile and easily disrupted. <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/solutions\/integrated-supplier-management\" rel=\"noopener\"><span style=\"font-weight: 400;\">Integrated Supplier Management<\/span><\/a><span style=\"font-weight: 400;\"> is a must \u2013 manufacturers are still dealing with the effects of the global chip shortage, the Suez Canal blockage, changing trade policies and other global supply and demand disruptions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even without a global pandemic and its aftershocks, manufacturing supply chains are often brittle and can break easily when disruptions occur, leading to over- or under-utilized resources, <\/span><span style=\"font-weight: 400;\">premium freight costs, inventory write-offs, <\/span><span style=\"font-weight: 400;\">lost orders and faulty decision-making. Adaptive Manufacturing Enterprises understand that integrated supplier management can reduce <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/blog\/2020\/05\/4-supply-chain-areas-to-examine-disruption\" rel=\"noopener\"><span style=\"font-weight: 400;\">supply chain risk<\/span><\/a><span style=\"font-weight: 400;\"> and improve business performance. They work hard to establish good supplier relationships and are able to effectively manage supplier agility while at the same time improving their efficiency.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Driving a Resilient, Integrated Supply Chain<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">At QAD, we understand the multiple steps manufacturers need to take to achieve a resilient and integrated supply chain. That is why we developed the <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/integrated-supplier-management-diagnostic\" rel=\"noopener\"><b>Integrated Supplier Management diagnostic<\/b><\/a><span style=\"font-weight: 400;\"> tool. These critical steps to mastering Integrated Supplier Management are included below:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Plan volumes based on understanding your suppliers&#8217; real capability and capacity, aligned on strategic, tactical and operational levels.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Balance cost efficiency with responsiveness and look beyond price to total cost of ownership when selecting suppliers.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Proactively track supplier and supply chain risk and respond appropriately.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Share demand data with your suppliers so they can adjust to every change with you.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Maintain the flow of <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/blog\/2019\/12\/real-time-information-increasingly-important-for-manufacturers\" rel=\"noopener\"><span style=\"font-weight: 400;\">real-time demand and supply data<\/span><\/a><span style=\"font-weight: 400;\"> to adjust quickly following a disruption.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Streamline and automate global trade operations by strategically using free trade agreements and automating customs processes with global trade software.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improve supplier quality and delivery performance by sharing short- and long-term goals, building a relationship and maintaining regular communications \u2013 merge their expertise with yours as a partner.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Leverage digital technology with suppliers with end-to-end connectivity, real-time tracking and predictive analytics to gain insights.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Go beyond supplier management to supplier development by creating <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/blog\/2020\/11\/a-connected-supply-chain-is-essential-in-todays-environment\" rel=\"noopener\"><span style=\"font-weight: 400;\">collaborative relationships with suppliers<\/span><\/a><span style=\"font-weight: 400;\"> and improving communications, quality and responsiveness.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Mastering Integrated Supplier Management<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Are you and your suppliers prepared for the next disruption? Do you know where your enterprise stands in its journey toward integrated supplier management? Do your systems and processes support a resilient and evolved supply chain?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By using QAD\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/integrated-supplier-management-diagnostic\" rel=\"noopener\"><b>Integrated Supplier Management diagnostic<\/b><\/a><span style=\"font-weight: 400;\"> tool, manufacturers can assess their <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/blog\/2018\/12\/metrics-matter-supply-chain-effectiveness\" rel=\"noopener\"><span style=\"font-weight: 400;\">supply chain efficiency<\/span><\/a><span style=\"font-weight: 400;\"> and agility and get definitive answers.\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The diagnostic tool identifies where enterprises fall on QAD\u2019s Integrated Supplier Management Maturity Model, which gauges business adaptability. It assesses and ranks business\u2019s strengths and weaknesses related to supplier disruption and categorizes companies in one of four stages of supplier management, from low to high:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Non-functional Supplier Management<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Semi-functional Supplier Management<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Effective Supplier Management<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Integrated Supplier Management<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Using the diagnostic tool, enterprises <\/span><span style=\"font-weight: 400;\">can reflect on behaviors observed in their organization, and assess their level of maturity in the aspects that matter to supplier management. This helps them comprehend their ability<\/span><span style=\"font-weight: 400;\"> to cope with <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/blog\/2021\/05\/qad-tomorrow-overcoming-supply-chain-disruption\" rel=\"noopener\"><span style=\"font-weight: 400;\">supply chain disruption<\/span><\/a><span style=\"font-weight: 400;\">. Adaptability to change requires a certain level of control to drive change, which implies mastery in Planning and Execution.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Integrated Supplier Management is one of the five critical capabilities of an Adaptive Manufacturing Enterprise, coupled with:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a target=\"_blank\" href=\"https:\/\/www.qad.com\/solutions\/connected-supply-chain\" rel=\"noopener\"><span style=\"font-weight: 400;\">Connected Supply Chain Management<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a target=\"_blank\" href=\"https:\/\/www.qad.com\/solutions\/effective-enterprise-management\" rel=\"noopener\"><span style=\"font-weight: 400;\">Effective Enterprise Management<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a target=\"_blank\" href=\"https:\/\/www.qad.com\/solutions\/digital-manufacturing\" rel=\"noopener\"><span style=\"font-weight: 400;\">Optimized Digital Manufacturing<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a target=\"_blank\" href=\"https:\/\/www.qad.com\/solutions\/complete-customer-management\" rel=\"noopener\"><span style=\"font-weight: 400;\">Complete Customer Management<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Adaptive Manufacturing Enterprises compare plans to execution to adjust and respond to disruptions. In the area of supplier management they look at broad-based metrics, such as:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What needs to be planned, executed and adapted? At the planning level, adaptive enterprises plan volume, select the most appropriate source and assess risk.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Delivery execution: is it on time, in full, at the right quality and at the right price? Are items tracked in transit, especially with long distance deliveries?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How well is the enterprise monitoring and collaborating with suppliers based on the latest information while respecting global trade and regulatory compliance requirements? Which adjustments are needed?<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">When these questions are fully investigated, enterprises can become more adaptable. According to <\/span><a target=\"_blank\" href=\"https:\/\/www2.deloitte.com\/us\/en\/pages\/operations\/articles\/supply-chain-leadership.html\" rel=\"noopener\"><span style=\"font-weight: 400;\">Deloitte<\/span><\/a><span style=\"font-weight: 400;\">, 79% of organizations with superior supply chain capabilities, dubbed \u201csupply chain leaders,\u201d achieve revenue growth that is significantly above average. Integrating supplier management capabilities into day-to-day operations can yield significant competitive advantages.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Take the Integrated Supplier Management Diagnostic<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">QAD\u2019s <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/integrated-supplier-management-diagnostic\" rel=\"noopener\"><b>Integrated Supplier Management diagnostic<\/b><\/a><span style=\"font-weight: 400;\"> provides you with 12 quick questions about your strategic, tactical and operational supply chain planning and execution. By answering these questions, you can assess your level of adaptability: are you a thinker, doer, reactor or is everything well balanced? To get a better idea of what you can expect, check out <\/span><a target=\"_blank\" href=\"https:\/\/www.qad.com\/integrated-supplier-management-diagnostic?report=76mak74ak7eak1m3q1m3g1m361cak1m3g243g\" rel=\"noopener\"><span style=\"font-weight: 400;\">this sample results report<\/span><\/a><span style=\"font-weight: 400;\"> to understand where the capabilities for Supplier Management lie along the continuum of the Integrated Supplier Management Maturity Model.<\/span>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_single_image image=&#8221;9561&#8243; img_size=&#8221;full&#8221;][vc_column_text]If the pandemic and other global events of the past year have taught us anything, it\u2019s that supply chains are fragile and easily disrupted. Integrated Supplier Management is a must \u2013 manufacturers are still dealing with the effects of the global chip shortage, the Suez Canal blockage, changing trade policies and other global [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":9561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[182,197],"tags":[1309,697,1333,1694,1695,1551,1508,1332,1696,92,1598],"class_list":["post-9560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-innovation-and-technology","tag-adaptive-manufacturing-enterprise","tag-disruption","tag-integrated-supplier-management","tag-integrated-supplier-management-diagnostic","tag-resilient-supply-chain","tag-sourcing","tag-supplier-development","tag-supplier-management","tag-supplier-relationship-management","tag-supply-chain","tag-supply-chain-disruption"],"yoast_head":"<!-- This site is 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