Supplier Management

We understand the critical significance of effective supplier relationships and the need to mitigate risks associated with third-party engagements, while also prioritising environmental, social and governance (ESG) considerations.

We are dedicated to being your trusted partner, offering exceptional expertise in Supplier Relationship Management (SRM), Third-Party Risk Management (TPRM) and Environmental, Social and Governance (ESG) considerations. We understand the vital importance of effective supplier relationships, the imperative need to mitigate risks tied to third-party engagements and the growing relevance of ESG factors. Our comprehensive range of consultancy services is meticulously designed to support clients in effectively managing their current supplier base, establishing new SRM functions, enhancing current practices and strengthening their TPRM processes, all while incorporating ESG principles for a more sustainable and responsible approach.

  • Supplier Segmentation

    Through our expertise in supplier segmentation, we help clients develop tailored strategies to categorise suppliers based on criteria such as strategic importance, performance and potential risks. This process enables targeted engagement and resource allocation, ensuring optimised interactions and maximising overall value.

  • Supplier Assessment Scorecard

    Our consultancy services assist clients in creating objective and consistent supplier assessment scorecards. These scorecards provide a systematic evaluation of supplier capabilities, reliability, quality and adherence to contractual obligations. By utilising these robust assessment tools, clients gain valuable insights for informed decision-making and selecting the most suitable suppliers.

  • Governance Frameworks

    We emphasise effective governance and compliance as key pillars of successful supplier relationships and TPRM. Our consultancy services help clients develop robust governance frameworks that define clear roles, responsibilities and communication channels between clients, suppliers and third-party vendors. This ensures transparency, accountability and collaborative engagement enabling strong and mutually beneficial partnerships to flourish while addressing third-party risks.

  • Contract Management

    Contracts serve as the foundation of supplier relationships and third-party engagements. Our experts assist clients in creating comprehensive contract handbooks that outline expectations, deliverables and key terms and conditions. Additionally, we conduct contract audits to identify any gaps or areas of improvement, ensuring contractual compliance and mitigating risks associated with third-party relationships.

  • Supplier Performance Management

    Our expertise in supplier performance management extends to third-party engagements as well. We help clients establish effective systems for monitoring and evaluating supplier and third-party vendor performance against predefined key performance indicators (KPIs). This ongoing evaluation enables continuous improvement, accountability and drives positive outcomes in managing third-party risks.

  • Commercial Efficiencies

    We are committed to driving commercial efficiencies for our clients across both supplier relationships and third-party engagements. Leveraging our expertise in SRM and TPRM, we identify opportunities for cost savings, process improvements and enhanced productivity. By optimising relationships, negotiation strategies and risk mitigation approaches, we help clients achieve better value for their investments and strengthen their competitive position.

  • Contract Compliance

    Compliance is crucial for managing both supplier relationships and third-party risks. Our consultancy services assist clients in increasing compliance with industry standards, regulations and ethical practices. We develop tailored compliance programs, deliver targeted training initiatives and conduct audits to ensure that suppliers and third-party vendors adhere to the required guidelines, mitigating reputational and legal risks.

  • Management of Risks and Issues

    Supplier management risks and issues are related to challenges in handling relationships with suppliers. It involves identifying, assessing and addressing potential risks and resolving issues that could affect the reliability and quality of the supply chain. The goal is to manage these risks and overcome problems to ensure a smooth supplier management process.

  • Escalation Management

    We establish clear escalation pathways for resolving issues or conflicts with suppliers. Our efficient escalation management processes help address challenges promptly and ensure effective communication between all parties involved