Balance Supplier Risk Versus Reward

7 steps to gaining the greatest total value from your supplier relationships while minimizing risks






"Category Packs"

Figure 3

Figure 3. Category Pack Example
Balancing Supplier Risk Versus Reward - Category Pack Example
Supplier Six Sigma Program







  • Think big, start small, scale fast.
  • Obtain management buy-in for the program.
  • Use experienced supplier Six Sigma resources (e.g., Master Black Belts), either internal or external consultants, to help plan and implement your program.
  • Develop a stakeholder assessment and communications plan for both internal and external (suppliers) constituencies.
  • Partner with your suppliers to help identify what criteria and which Six Sigma projects to consider.
  • Document and agree upon key milestones for project reviews.

A Competitive Advantage



About the Author: btatsumi@kpmg.com www.us.kpmg.com

KPMG Disclaimer: The views and opinions are those of the author and do not necessarily represent the views and opinions of KPMG LLP. All information provided is of a general nature and is not intended to address the circumstances of any particular individual or entity.


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