SRM Value Engineering Framework

At Seedler, we recognise the critical role of collaboration in maximising value from supplier relationships. Our SRM Value Engineering Framework is designed to harness the full potential of collaborative techniques, ensuring continuous improvement and mutual success.

Key Features:

Relationship Mapping:

Develop a comprehensive map of key stakeholders within both organisations, identifying areas for collaboration and aligning goals.

Joint Business Planning:

Engage in collaborative business planning sessions with strategic suppliers, aligning long term objectives and fostering shared strategies for success.

Co-Creation Workshops:

Facilitate workshops that encourage joint problem solving and ideation, fostering innovation and uncovering opportunities for value creation.

Performance Alignment Metrics:

Establish shared key performance indicators (KPIs) that align with both parties’ objectives, ensuring a unified focus on success metrics.

Cross-Functional Collaboration:

Encourage collaboration across functional areas, breaking down silos and promoting holistic approaches to challenges and opportunities.

Open Communication Channels:

Establish regular communication channels, including dedicated forums and feedback sessions, to foster transparency and strengthen the working relationship.

Risk Mitigation Collaboration:

Collaboratively identify and address potential risks, developing mitigation strategies that protect both parties’ interests.

Innovation Platforms:

Create platforms for collaborative innovation, encouraging the exchange of ideas and co-development of new solutions or processes.

Continuous Improvement Sprints:

Implement agile, iterative improvement sprints, allowing for quick adjustments based on feedback and evolving business needs.

Value Sharing Mechanisms:

Develop mechanisms for sharing value generated from collaborative efforts, ensuring fair and transparent acknowledgment of contributions.

Joint Governance Structure:

Establish a joint governance structure that includes representatives from both organisations, facilitating ongoing collaboration and issue resolution.

Capacity Building Programs:

Invest in joint training and development programs to enhance the capabilities of both teams, fostering a culture of continuous improvement.

Relationship Health Checks:

Regularly assess the health of the supplier relationship through structured check-ins, providing a platform for open dialogue and addressing concerns proactively.

This SRM Value Release Framework is more than a process; it’s a commitment to collaborative excellence. By embedding these principles into our strategic supplier relationships, we aim to unlock sustained value, drive innovation, and create a foundation for enduring success.

Contact us today for a consultation and take the first step toward optimising your supplier landscape.

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