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Supplier Optimization with Xcitec Based on Six Sigma
German supplier relationship management specialist offers supplier development solution based on DMAIC
Munich — June 18, 2007 — Supplier relationship management (SRM) specialist Xcitec is offering a supplier development solution based on Six Sigma and DMAIC processes to provide companies with a structured procedure to ensure transparency, sustainability and development process control.
German-based Xcitec said that its supplier development offering is based on a Six Sigma process carried out in five steps, or define, measure, analyze, improve and control (DMAIC). Development projects are defined, measures established, causes documented and corresponding solutions and goals are set. Process progress is routinely measured and monitored in order to secure supplier development and to sustainably optimize cooperation with suppliers. Supplier and purchasers receive regular updates regarding development progress and the degree of implementation for the optimization measures.
"The Six Sigma method with the DMAIC process enables targeted management of optimization measures for our customers," said Martin Berr-Sorokin, Xcitec managing director. "Only structured and optimization projects with specific goals can fully capitalize on supplier potential regarding price, quality and technology."
Xcitec believes that supplier development and the resulting optimization of business relationships lead to competitive advantages for companies. The focus of these business relationships is on value-added partners as well as on strategically important suppliers.
Joint supplier optimization projects build up successful and lasting supplier relationships, Xcitec said. This means that supplier development can be a significant success factor within the framework of comprehensive supplier management.
Xcitec specializes in the development and implementation of solutions for supplier relationship management (SRM) to create transparency regarding purchasing, increase supplier performance and reduce costs.
German-based Xcitec said that its supplier development offering is based on a Six Sigma process carried out in five steps, or define, measure, analyze, improve and control (DMAIC). Development projects are defined, measures established, causes documented and corresponding solutions and goals are set. Process progress is routinely measured and monitored in order to secure supplier development and to sustainably optimize cooperation with suppliers. Supplier and purchasers receive regular updates regarding development progress and the degree of implementation for the optimization measures.
"The Six Sigma method with the DMAIC process enables targeted management of optimization measures for our customers," said Martin Berr-Sorokin, Xcitec managing director. "Only structured and optimization projects with specific goals can fully capitalize on supplier potential regarding price, quality and technology."
Xcitec believes that supplier development and the resulting optimization of business relationships lead to competitive advantages for companies. The focus of these business relationships is on value-added partners as well as on strategically important suppliers.
Joint supplier optimization projects build up successful and lasting supplier relationships, Xcitec said. This means that supplier development can be a significant success factor within the framework of comprehensive supplier management.
Xcitec specializes in the development and implementation of solutions for supplier relationship management (SRM) to create transparency regarding purchasing, increase supplier performance and reduce costs.
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