| Home > Solutions > Corporate Governance > Supply Chain Governance |
Supply Chain Governance |
 |
| Favorites |
 |
|
|
Business models around the world are changing dramatically from “Source Local” to “Source Anywhere and Build Anywhere” model. Firms have shifted away from a hierarchical, one-dimensional supply chain entity to a fragmented network in favor of strategic partnerships with external entities. Many businesses facing such model are experiencing challenges and are struggling to compete in this new landscape. Supply Chain Governance can help organizations to streamline and manage their supplier quality and supplier performance. In addition, it enables organizations to identify, mitigate and manage supplier risks for key procurement and manufacturing process.
Need for Supply Chain Governance
Supply chain governance will be critical for organizations to
- Enable or sustain the heterogeneous models of collaboration between the decentralized supply chain agents
- Allow rapid integration of new partners into existing supply chains
- Allow the different parties to communicate and coordinate their activities in support of the end-customer fulfillment objectives
- Measure and manage suppliers for contract and SLA compliance
- Manage supply chain network agent failures and minimize
- Loss of revenue
- Loss of market share
- Brand erosion
Supplier Governance System
Key Benefits of MetricStream Supply Chain Governance Software Solution
- Automate global end to end supplier performance management processes
- Streamline global procurement across the globe through supplier quality management capabilities
- Eliminate traditional sourcing models and move to “anywhere-anytime reporting and scorecarding”
- Eliminate paper based dealings with suppliers
- Manage and reduce supply chain risks
- Early/late shipments or delivery to wrong location
- Non-conforming/wrong product or quantity
- Supplier processes
- Supplier country political stability and undesirable events (storm, flood, earthquake, etc.)
- Contract, legal and regulatory non-conformance.
- Information system failure and compromises
- Audit suppliers and ensure compliance
- Gain visibility through score cards and control spend
- Enable supplier chargebacks to capture cost of poor quality
- Enable a green supply chain through enhanced corporate social responsibility
- Enable contract compliance by enterprise-wide document management system
- Drive ethical practices in supply chain processes such as Disclosure of conflict of interest and Report and measure ethical labor practices
Integrated supply chains are becoming an integral part of the competitive landscape as firms seek to create strategic advantages. Along with the economic benefits derived from these more coordinated supply chains come certain social obligations. Many firms are developing codes of conduct as a way of managing a number of partner behaviors within the supply chain. Supply chain models have gone from the stage of integration to disintegration and finally are reintegrating through adoption of Supply Chain Governance. |
|
