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Sustainable Supply Chain Value Through the Right Deals with the Right Trading Partners

Digitizing the Supply Chain

Trust & Trading Relationships

Collaborative relationships

Internal Alignment: A Long Way to go...

March 16, 20231 min read

I find this pretty concerning - less than half of the organizations responding actually agree on their category strategies.

How can procurement be surprised when the business doesn't use the suppliers they selected? How can the business leave their procurement colleagues twisting in the wind with a strategy they have not endorsed?

If we want to have a chance of getting the right deals with the right suppliers, we must align on what we are trying to do.

Check out the business model evaluation tool to drive a constructive dialogue between procurement and the business to agree on the economic model and the relationship model. With that kind of alignment, perhaps the business will understand their obligations to make the right deals with the right suppliers work.

Find it at vestedway.com (noninvasive) registration required...

procurement, partnership, alignment, category, collaboration, relationship, outsourcing
blog author image

Nick Seiersen

Nick Seiersen is a supply chain veteran from across Europe and the Americas. He has worked on and led over 100 projects across all industries, saving about $1B in costs and assets. Hi motto: Sustainable Supply Chain Value through the Right Deals with the Right Trading Partners

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Data Quality

Collaborative relationships

Internal Alignment: A Long Way to go...

March 16, 20231 min read

I find this pretty concerning - less than half of the organizations responding actually agree on their category strategies.

How can procurement be surprised when the business doesn't use the suppliers they selected? How can the business leave their procurement colleagues twisting in the wind with a strategy they have not endorsed?

If we want to have a chance of getting the right deals with the right suppliers, we must align on what we are trying to do.

Check out the business model evaluation tool to drive a constructive dialogue between procurement and the business to agree on the economic model and the relationship model. With that kind of alignment, perhaps the business will understand their obligations to make the right deals with the right suppliers work.

Find it at vestedway.com (noninvasive) registration required...

procurement, partnership, alignment, category, collaboration, relationship, outsourcing
blog author image

Nick Seiersen

Nick Seiersen is a supply chain veteran from across Europe and the Americas. He has worked on and led over 100 projects across all industries, saving about $1B in costs and assets. Hi motto: Sustainable Supply Chain Value through the Right Deals with the Right Trading Partners

Back to Blog

Other Supply Chain Topics

Collaborative relationships

Internal Alignment: A Long Way to go...

March 16, 20231 min read

I find this pretty concerning - less than half of the organizations responding actually agree on their category strategies.

How can procurement be surprised when the business doesn't use the suppliers they selected? How can the business leave their procurement colleagues twisting in the wind with a strategy they have not endorsed?

If we want to have a chance of getting the right deals with the right suppliers, we must align on what we are trying to do.

Check out the business model evaluation tool to drive a constructive dialogue between procurement and the business to agree on the economic model and the relationship model. With that kind of alignment, perhaps the business will understand their obligations to make the right deals with the right suppliers work.

Find it at vestedway.com (noninvasive) registration required...

procurement, partnership, alignment, category, collaboration, relationship, outsourcing
blog author image

Nick Seiersen

Nick Seiersen is a supply chain veteran from across Europe and the Americas. He has worked on and led over 100 projects across all industries, saving about $1B in costs and assets. Hi motto: Sustainable Supply Chain Value through the Right Deals with the Right Trading Partners

Back to Blog

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