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Supplier Management
GML's consultants can organize current sourcing practices
which allow stores to purchase merchandise from vendor suppliers without
aggressive price negotiations.
GML can develop and build store capabilities that allow
them to build collaborative, mutually supportive vendor relationships that
result in cost cutting and cost effective selling alliance relationships.
Establish a facilitation and result oriented program that:
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Performs Value Creation Analysis
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Identifies emerging warehouse technologies acquisition strategies
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Identifies strategies to leverage transportation cost savings
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Develops and implements Procurement Standards and Vendor
Best Practices in the following arenas:
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Buying
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International/local Distribution Budget
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International shipping
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Letter of Credit
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Logistics
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Merchandising
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Negotiation rates
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Payout to vendor
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Trade terms
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Vendor Negotiation
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Volume discount programs
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Enhances employee cost consciousness
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Establishes trust among key players and stakeholders
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Increases collaboration of procurement
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Reduces design to shipment cycle time
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Initial resistance and adversarial relationship perception
may be shifted into supportive ones.
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Lack of trust and concerns around sharing secrets with the
suppliers may lead to pocket vetoes, however the use of a consensus building
approach should lead to collaborations on merchandise design to shipment
to dramatic cycle time reductions.
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Vendors may react to customer/supplier alliance building
as a cost cutting device. The focus on effective decision making should
highlight our approach of using partnerships not as a money saver but as
a sales strategy and the development of a selling alliance relationship.
Assess current buying, negotiation, transportation and warehousing
practices. Develop and map a Value Creation Process Grid to identify areas
of future focus and develop target solutions. Determine and document actionable
strategies to standardize and improve local approaches.
For further information, contact Global Markets
Limited
CONTACT RAMESH C MANGHIRMALANI
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