Integrated Programs for Supplier Risk Management
- We have developed a structured program in five distinct phases to assess and mitigate risk:
- Onsite Supplier Assessments
- Data Collection & Analysis
- Program Definition Development
- High-Risk Supplier Intervention
- Business Transfers and Tool Moves
- Our process is designed to profile an entire supply base or a specific commodity/supplier which might be a risk.
- Our process is proactive in assessing and intervening in high-risk supplier situations.
- Our process leverages Whitehall expertise across the entire value chain (OEMs ‚ Tier 1s‚ Tier 2s).
- Our experience in Supply Chain Management drives our ability to generate real savings and benefits to all affected parties.
Supplier Benefits from Assessment
- Objective assessment of the supplier’s individual operation
- A detailed gap analysis and recommendations with roadmap for improvements
- Framework for generating action item lists for cost savings, waste reduction and throughput improvement initiatives
- Exposure to latest industry requirements and current best practices in automotive supply chain
- Opportunity for further analysis on issues specific to their plant and improvement opportunities
- Standardized assessment process will permit comparisons with peers and across commodity groups
- Common assessment resources for all assessments
OEM/Tier1 Benefits from Assessment
- Quick reference scorecard for each supplier
- Standardized approach applied across the supply base
- Identify gaps in supplier’s key processes and systems
- Provide a roadmap for a supplier improvement initiatives
- Permits comparative analysis across commodity groups
- Identify problem areas across suppliers
- Identifies suppliers at highest risk and where to focus improvement actions
- Current and new suppliers data contained in a single matrix will help in determining:
- How much business current supplier has with the company
- Performance status tracking ( red - yellow - green)
- Level of risk, and year to date rating
- How to distribute future business across the supply base
Our Differentiator: the “Supplier Pay” model for improvement initiatives best aligns the interests of customer, supplier, and third-party resources.