Joint Business Planning (JBP) Packaged Service
This Joint Business Planning service helps you and your suppliers work together more effectively, ensuring that both sides benefit from the relationship and can achieve more in the long run.
Duration: 6 week program (adjustable depending on the number of suppliers involved)
Supplier Limit: The package covers a maximum of 5 key suppliers. If you wish to include additional suppliers, we can extend the timeline and charge an extra fee for each one.
Objective:
The aim is to develop a collaborative, long term plan between your business and your key suppliers. By working together, you can align your strategic goals, uncover opportunities for innovation, reduce costs, and improve overall business outcomes. This process will help strengthen your supplier relationships and unlock mutual value.
Target Audience:
- Companies looking to get more value from established supplier relationships.
- Businesses going through a period of change, seeking stronger partnerships with key suppliers.
- Organisations aiming to collaborate more closely with suppliers to drive innovation, cut costs, or expand into new markets.
Why choose this service?
- Strategic Supplier Alignment: Align your key suppliers with your business objectives to drive innovation, cut costs, and boost efficiency.
- Long Term Value: Strengthen supplier relationships to create long term benefits for both parties.
- Better Supplier Performance: Set clear expectations and foster accountability, leading to improved supplier outcomes.
What’s included?
Week One: Discovery and Internal Alignment
- Kickoff Meeting (1 day): Meet with your team to understand your business goals, challenges, and supplier landscape.
- Supplier Prioritisation (2 days): Identify and rank your most important suppliers based on their impact on your business.
- Internal Workshop (2 days): We’ll run a workshop to make sure your team is aligned on the objectives for working with suppliers and how you plan to collaborate with them.
What You Get:
- A prioritised list of your key suppliers.
- Document outlining the joint business planning goals for each supplier.
Weeks Two and Three: Supplier Engagement and Joint Planning
- Pre-Planning Meetings (Week 2, 3 days): Initial meetings with your key suppliers to discuss mutual goals, opportunities, and challenges.
- Joint Planning Sessions (Week 3, 2 days per supplier): We’ll facilitate planning sessions with each supplier, focusing on shared goals, how you can innovate together, reduce costs, and explore growth opportunities.
What You Get:
- Summaries from the pre-planning meetings.
- First drafts of joint business plans for each supplier.
Week Four: Finalising Joint Business Plans
- Plan Finalisation (3 days): We’ll work with you and your suppliers to finalise the business plans, including setting clear goals, roles, timelines, and KPIs.
- Governance Structure (2 days): We’ll design a governance structure that ensures accountability and smooth implementation of the plans.
What You Get:
- Final joint business plan for each supplier.
- A governance and monitoring framework to track progress.
Week Five: Implementation and Risk Planning
- Implementation Roadmap (3 days): We’ll lay out a clear plan for putting the joint business plans into action, defining roles and setting timelines.
- Risk Planning (2 days): Identify potential risks that could affect the success of the plan, and prepare contingency measures.
What you get:
- A step-by-step roadmap for each supplier.
- A risk management plan to address any potential issues.
Week Six: Performance Monitoring and Continuous Improvement
- Monitoring Strategy (3 days): Develop a plan to track performance, including regular reviews and feedback processes.
- Improvement Workshop (1 day per supplier): We’ll run a workshop with each supplier to review progress and identify areas for improvement and future collaboration.
What you get:
- A performance monitoring strategy, including scorecards and review schedules.
- Workshop materials and recommendations for ongoing improvement.
Our Services:
Strategic Supplier Management:
- Supply Chain / SRM Overview
- SRM Fully Managed Service
- Value Engineering
- Joint Business Planning
- Third Party Risk Management
- Collaboration Framework
- Supplier Dispute Resolution
- Supplier Segmentation