Strategic Overview and Key Concepts in Supply Base Management Reference Context: Supply Base Management by Tresa Thompson Prepared For: Supply Chain Management Students / Procurement Professionals
Traditional purchasing focused on securing the lowest price for goods. Modern Supply Base Management, as outlined in Thompson’s framework, emphasizes the . This includes purchase price, logistics, quality costs, administrative costs, and lifecycle costs. supply base management tresa thompson pdf free download
Supply base management is a specialized discipline within the broader field of (SCM). It specifically addresses the "upstream" portion of the chain—managing the entities that provide raw materials, services, and components. Strategic Overview and Key Concepts in Supply Base
Not all suppliers are equal. Organizations must segment their supply base to allocate resources effectively. The Kraljic Matrix is a standard tool used here: Supply base management is a specialized discipline within
Note: This report is a general summary of the principles of Supply Base Management and serves as a companion to the textbook, rather than a substitute for it.
Developing closer, more transparent relationships with key vendors to mitigate risk and foster innovation. Supply Management vs. Supply Chain Management
While often used interchangeably, there are distinct differences in their scope: Procurement vs. Supply Chain: How Do They Work Together?