Our unique SRM methodology is proven across sectors and tailored to your individual requirements and priorities.
We helps you to connect and collaborate with your suppliers, bringing them into your business and engage with your teams, to align your goals and objectives, so everyone is not only on board, but knows the direction of travel and what good (and GREAT) looks like.
We’ll also help you monitor, measure and feedback on supplier performance too as we know ongoing improvement is the key to strategic supply chain success
We provide support to organizations where:
- There is no formal SRM process, or several different approaches and processes across the business
- Supplier managers are confused about the process and its objectives, and lack the required skills and tools
- Key suppliers appear to be underperforming, but there is no consistent way of monitoring or resolving the issues
- Strategic supplier relationships have deteriorated back into a transactional and adversarial mode
- Strategic suppliers find the relationship difficult or frustrating
- Supplier relationship management framework
- Our starting point is supplier segmentation. We often find that any existing categorization of strategic suppliers is out of date and no longer reflects business realities.
The team delivers a detailed report on the strengths and weaknesses of any current SRM practices. This enables you to understand the gaps between the current situation and a best in class SRM program. MUNDUS SRM tools includes the use of questionnaires, workshops, and one-to-one interviews.
We use this insight to create a version of our SRM methodology tailored to your situation and applicable across all areas of procurement, with comprehensive guidance for user implementation. Supporting tools ease data processing and improve the availability of information.
Typically, MUNDUS will devise a pilot implementation in a chosen area to test and refine the solution. We work where possible in joint teams with your Procurement function to enable upskilling and knowledge transfer, and to obtain buy-in from Procurement staff and other stakeholders.
Clients can then implement the pilot, and after any necessary revision, roll out a single, consistent, effective SRM approach across the organization.
The benefits include:
- Effective SRM service leads to cost reduction both directly and in reducing the burden of dispute resolution
- Better and deeper relationships with key suppliers improves their performance and compliance
- The ability to gainshare with suppliers creates opportunities to uncover and realize new value. For example, through more effective working practices, or early supplier involvement in product development
- More collaborative supplier relationships create more resilient supply chains and reduce the risk of failure