A changed world, in which the New Normal is the No Normal, requires a different approach to engaging with your suppliers. Successful companies understand which suppliers require focused attention, and which suppliers benefit more from automated interactions. These companies build mutual trust and forge “customer of choice” relationships with their suppliers.
The time to act is now. Build Trust. Forge Relationships. Win Together.
Easily reach out to your internal stakeholders, colleagues, or customers and get instant feedback on your suppliers’ performance and service with LeanLinking Survey. Create value, achieve desired cost savings, assess supplier compliance, sustainability, diversity, and innovation capabilities to identify and define requirements and procurement evaluation criteria with LeanLinking Non-Conformance Reports.
Institute relationship governance with all partners in your supply chain, according to their respective importance. Build trust by guaranteeing that relationship objectives are met to ensure contract compliance and mitigate risks for both parties
Measure & analyze your supplier’s impact. Set expectations, track performance, and spot problems early to start implementing corrective actions that street clear of potentially devastating disruptions. The challenge lies in possessing the capability to effectively monitor all of your active suppliers in the right way. Relevant KPIs may differ between suppliers, or even for one supplier who delivers into multiple categories, and different businesses may follow diverse methodologies for targets or RAG thresholds.
Use LeanLinking Relations to overcome those challenges:
With recent disruptions to supply chains and buyer-supplier networks, working closely with your suppliers on development, innovation, and sustainability projects has become much more vital for business success. Harnessing your supplier’s resources to create joint opportunities is all about taking and maintaining control of the vast portfolio of activities you are driving together.
Use LeanLinking as the canvas for your collaboration — from sealing performance gaps through meeting your business objectives, all the way to co-creation and co-innovation. LeanLinking delivers best practices for concerted development efforts, corrective action plans, and project management execution. Our management dashboard provides real-time data and reporting to appraise you of the progress made across the portfolio of projects you are driving with your suppliers.
Increase efficiency and improve communication between you and your suppliers
Manage supplier risk and enhance quality control throughout the sourcing lifecycle to avoid lost sales, costly recalls, and penalties for non-conformance or legal action.
It’s playing defense and offense — finding competitive advantage by shaping a supply chain resilience strategy focused on disruption avoidance.
Leanlinking Relations lets you avoid expensive mistakes, especially those that may put your organization at legal risk from failed compliance.
Be it national regulations such as the German Supply Chain Act, or international laws such as GDPR or Labor Protection Act, and any other regulatory mandate — Relations brings best practices and methodologies to avert problems down the line by complying with industrial and government regulations in accordance with your internal policies, and validating and educating your vendors regarding your requirements.