Supply Base Management Tresa Thompson Pdf !link! -

Selecting suppliers based on technological capabilities and long-term potential rather than just the lowest price.

| Feature | Traditional Purchasing | Supply Base Management | | :--- | :--- | :--- | | | Transactional (Order placement) | Relational (Long-term value) | | Goal | Lowest Price | Lowest Total Cost of Ownership (TCO) | | Supplier Relations | Adversarial (Win-Lose) | Collaborative (Win-Win) | | Timing | Reactive (Ordering as needed) | Proactive (Strategic planning) | | Metrics | Cost Savings | Value Creation, Quality, Risk Reduction | supply base management tresa thompson pdf

– Check if it could be Teresa Thompson , Tressa Thompson , or another spelling. Also confirm the exact title of the feature. Unlike basic "purchasing," which is transactional (buying an

Unlike basic "purchasing," which is transactional (buying an item at the lowest price), SBM is relational and strategic. It involves looking at the supply base as a portfolio of assets that can provide competitive advantage. It involves analyzing

The "Three Pillars" of selection are often cited:

Supply Base Management is a strategic approach to managing an organization's suppliers and supply base. It involves analyzing, evaluating, and rationalizing the supplier base to optimize costs, quality, and service. SBM aims to create a stable and efficient supply chain by building strong relationships with key suppliers.