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Managing suppliers goes beyond monetary negotiations, discounts, or getting the supply in time at a lower cost. Relying only on these aspects will compromise reliability, quality, transparency, and the relationship between the parties involved. To ensure long-term relationships, business development, and efficiency, businesses need a well-thought-out strategy. The strategy should guide both parties to mutually benefit from each other.
This blog will provide you with a set of well-crafted templates that will guide you through every phase of your supplier strategy planning- right from preparation to execution. Suppose you are a procurement officer, a project manager, or a business owner. In that case, these top 10 supply strategy templates are helpful to you, as they cover all critical points and offer insights on how to secure the best deals and build long-term, trust-worthy relationships with your supply partners.
Addressing pain points:
Both the business owner and supply partner may tend to lose control over several aspects of their relationships. Poor communication between the two parties may lead to misunderstandings, delays, and quality issues.
One of the major pain points while dealing with suppliers is reliability—where the suppliers do not meet your requirements and quality standards at the right time and place. Cost fluctuations and supplier diversity can also lead to potential damages. Above all, sometimes even work ethics take a big toll.
Let’s Explore!
Template 1: Supply Strategy Powerpoint PPT Slide Bundle
This slide bundle discusses supplier relationship strategic approaches, strategy implementation framework, selection and management models, performance management process flow, supplier selection and assessment, segmentation matrix, SRM operation process model, selection criteria, evaluation matrix, procurement risk assessment criteria, business performance evaluation, supplier management process, suppliers engagement strategic plan, governance structure, supplier compliance KPI dashboard, supplier relationship competencies, challenges and issues while implementing SRM, buyer-seller interactions, strategic supplier relationship, etc.
Template 2: What are the Problems with Suppliers
This slide addresses the pain points of the business owners while dealing with the supply chain partners. They include 20% of suppliers having uncleared expectations, 40% of suppliers having poor governance, 42% of suppliers having a poor cultural fit, 26% of suppliers have not been mutually beneficial to each other, 20% of suppliers miscommunicate, 35% of suppliers have a lack of coordinated management, 34% of the suppliers have buyer multi-supplier environment, etc. All of these pain points are quite common among most supply dealers and business owners.
Template 3: Determine Company’s Requirements
Before making a supply strategy plan, the organization must know its requirements. This slide represents just that. It talks about requirements like brand protection, where the company needs to organize events and programs that promote its brand; cost reduction, where the company needs a solution that helps reduce costs and increase profit margins; and administrative efficiencies, where the company gains the ability to track and measure performance to ensure the smooth flow of operations and optimize performance.
Template 4: Checklist of Supplier Strategies Along with Business Risk
This slide covers the checklist for supplier strategies along with business risk, such as bringing new value by helping them enter new markets or industries and reduce business risks, changing how they buy by helping them leverage by consolidating orders or bundling or unbundling products or services, creating a new supplier by bringing in potential new entrants in adjacent markets, and playing hardball.
Template 5: Suppliers Relationship Selection Model
This slide is a graphical representation of how close a relationship between the business owners and the suppliers can get with respect to time. It starts with competitive suppliers in the beginning, followed by preferred suppliers, performance partnerships, and business alliances over time. The key features of preferred suppliers are fewer evaluated sources, short-term agreements, and regular benchmarking of costs. The key features of performance partnerships include single sourcing, joint focus on quality and cost, managed risk, tech sharing, KPIs, and a balanced scorecard. The key features of business alliances include dedicated resources, mutual dependency, shared risk, joint R&D, and exclusive rights. The key features of competitive suppliers include multiple sources and frequent negotiations.
Template 6: Suppliers Relationship and Performance Management Process Flow
This slide covers suppliers' performance management flowcharts through active supplier-buyer relationship strategies. It starts with determining clear production goals based on market requirements before making procurement decisions, defining KPIs to verify performance measurement, formulating service level agreements, ensuring that the SLAs and metrics are calculated using service management methods, collecting, analyzing, and registering realized metrics, and reviewing them regularly, say, annually.
Template 7: SRM Operation Process Model
This slide covers the supplier relationship management process model, including performance optimization by monitoring, analyzing, and implementing strategies to streamline the sourcing process and achieve cost-effective and reliable performance, risk management during the procurement process to eliminate and mitigate risks in all aspects, supplier selection by using supplier screening system to determine if the vendor should be replaced based on assessment results and previous performance assessment by conducting efficiency tests as the previous project.
Template 8: Supplier Strategy Powerpoint PPT Slide Bundle
This slide bundle covers various aspects of supplier strategy like procurement KPI dashboard for tracking supplier strategy impact, checklist for implementing SRM strategy, supplier management strategies for gap reduction, need for implementing supplier management strategies, supplier strategy for electronically connecting trading partners, 3 supplier collaboration strategies with use cases, supplier evaluation matrix for tracking vendor management strategy results, supplier selection model for implementing vendor management strategy and so on.
Template 9: Supplier Relationship Management Strategy
This slide is a pictorial representation of a Supplier relationship management strategy, which includes operating solutions, maintaining strategy, managing the transition, implementing projects, monitoring performance, managing contracts, and so on. A proper SRM strategy ensures quality and quantity management of the supply, cost optimization, supply in time, transparency, long-term relationships between the partners, and trust.
Template 10: Suppliers Engagement Strategic Plan
This slide covers suppliers' engagement strategic plan that includes various stages like transactional level, review of performance, risk and reward, strategic alliance, and joint partnership. In the old school concept, the company chases the supplier if something goes wrong; at some level of partnership, doors are open for 2-way dialogue between operatives to get feedback, and at total partnership, the report is built between operatives at each company- preferential treatment.
Over to you!
Here's the key takeaway: By now, you will have understood the role of supplier strategy in ensuring the success of your company by maintaining good relations with your supplier. Preparing a PPT from scratch could be energy-draining and time-consuming, as this topic contains various aspects common to most industries. Why worry when you have PPTs handy? Don't wait! Download our PowerPoint PPT bundles and make a difference to your business now!
