Global Standard for Procurement and Supply

Current segment

Level: Managerial

Theme: Delivering Outcomes

Segment 7.6 Achieving Effective Supply Chain Management

Segment 7.6 Achieving Effective Supply Chain Management

Knowledge: Will know and understand Capabilities: Will be able to

The sources of added value and value generation for organisations that can be achieved through effective supply chain management by improving:

  • Prices or total costs
  • Timescales
  • Quality
  • Innovation
  • Sustainability or other sources of added value

Identify and practice ways of generatin added value through effective supply chain management

The collaborative model of supply chain management through partnering and strategic relationship management

Work with suppliers and other stakeholders to achieve partnering and strategic relationship management to deliver value for the organisation and its supply chain

The competitive model of supply chain management

Evaluate circumstances for the application of competitive relationships to improve value in the supply chain

The importance of establishing insourcing and outsourcing arrangements for works, goods or services

Demonstrate added value to the organisation through the implementation of either insourcing or outsourcing of work or services

The development of global procurement, off shoring, low cost country sourcing or onshoring, and how these can bring added value to the organisation and its supply chain

Demonstrate the added value to the organisation through the implementation of global procurement, off shoring, low-cost country sourcing or onshoring, and identify and mitigate any potential supply chain risks

The use of segmentation models to assess suppliers

Apply segmentation models to prioritise and differentiate approaches to supplier relationship management with different tiers or types of suppliers

The use of business cases and return on investment appraisals

Develop and apply robust business cases that seek to achieve positive returns on investment from the implementation of supplier relationship management

The use of supplier relationship management programmes to manage performance

Implement supplier relationship management to achieve added value outcomes for the organisation taking care to communicate performance and issues with stakeholders

The use of improvement plans in supplier relationship management

Ensure supplier relationship management processes are proactively executed to improve performance and service levels of suppliers

Knowledge: Will know and understand

The sources of added value and value generation for organisations that can be achieved through effective supply chain management by improving:

  • Prices or total costs
  • Timescales
  • Quality
  • Innovation
  • Sustainability or other sources of added value
Capabilities: Will be able to

Identify and practice ways of generatin added value through effective supply chain management

Knowledge: Will know and understand

The collaborative model of supply chain management through partnering and strategic relationship management

Capabilities: Will be able to

Work with suppliers and other stakeholders to achieve partnering and strategic relationship management to deliver value for the organisation and its supply chain

Knowledge: Will know and understand

The competitive model of supply chain management

Capabilities: Will be able to

Evaluate circumstances for the application of competitive relationships to improve value in the supply chain

Knowledge: Will know and understand

The importance of establishing insourcing and outsourcing arrangements for works, goods or services

Capabilities: Will be able to

Demonstrate added value to the organisation through the implementation of either insourcing or outsourcing of work or services

Knowledge: Will know and understand

The development of global procurement, off shoring, low cost country sourcing or onshoring, and how these can bring added value to the organisation and its supply chain

Capabilities: Will be able to

Demonstrate the added value to the organisation through the implementation of global procurement, off shoring, low-cost country sourcing or onshoring, and identify and mitigate any potential supply chain risks

Knowledge: Will know and understand

The use of segmentation models to assess suppliers

Capabilities: Will be able to

Apply segmentation models to prioritise and differentiate approaches to supplier relationship management with different tiers or types of suppliers

Knowledge: Will know and understand

The use of business cases and return on investment appraisals

Capabilities: Will be able to

Develop and apply robust business cases that seek to achieve positive returns on investment from the implementation of supplier relationship management

Knowledge: Will know and understand

The use of supplier relationship management programmes to manage performance

Capabilities: Will be able to

Implement supplier relationship management to achieve added value outcomes for the organisation taking care to communicate performance and issues with stakeholders

Knowledge: Will know and understand

The use of improvement plans in supplier relationship management

Capabilities: Will be able to

Ensure supplier relationship management processes are proactively executed to improve performance and service levels of suppliers

This segment was last updated on: 21st May 2021

The Global Standard for Procurement and Supply structure

Released in 2014 the Standard is a competency framework of procurement and supply skills, knowledge and capabilities that can be used by individuals and organisations to identity training and professional development needs at varying levels of competency.

The Global Standard for Procurement and Supply structure
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