Supplier Onboarding
The onboarding of suppliers is the process of bringing new supplier partners up to speed on your company’s expectations, procedures, and systems. This can be a time-consuming and costly endeavor, but it is essential to maintaining a strong supply chain.
There are many elements to consider when onboarding suppliers. First, you will need to establish clear communication channels between your company and the supplier. This includes setting up regular meetings or calls, as well as sharing important documents and information.
Next, you will need to train the supplier on your company’s systems and processes. This may include your ERP system, purchasing procedures, quality control standards, etc. It is important that the supplier has a good understanding of your expectations before they begin working with you.
Finally, you will need to monitor the supplier’s performance over time to ensure they are meeting your expectations. This includes tracking metrics such as on-time delivery, quality levels, cost savings, etc. Regular reviews will help you identify any areas where the supplier needs improvement.