Supplier Relationship Management
Supplier Relationship Management
Supplier Relationship Management
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The aim of the purchasing teams is to establish an active and high-quality working relationship with suppliers in order to create a purchasing strategy suited to Michelin’s requirements and challenges.
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The main elements of this strategy are discussion and cooperation, transparency, the desire to carve out the future of mobility together and responsibility in the market now and in the future. Our Supplier Relationship Management (SRM) approach operates according to these principles. This collaborative work allows Michelin and its suppliers to share more value and measure long-term effects by drawing up improvement plans
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Suppliers are divided into 4 categories or “tiers” to manage our relationship with suppliers as efficiently as possible. Our teams develop different levels of relationships along with specific tools according to the category:
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The aim of the purchasing teams is to establish an active and high-quality working relationship with suppliers in order to create a purchasing strategy suited to Michelin’s requirements and challenges.
-
The main elements of this strategy are discussion and cooperation, transparency, the desire to carve out the future of mobility together and responsibility in the market now and in the future. Our Supplier Relationship Management (SRM) approach operates according to these principles. This collaborative work allows Michelin and its suppliers to share more value and measure long-term effects by drawing up improvement plans
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Suppliers are divided into 4 categories or “tiers” to manage our relationship with suppliers as efficiently as possible. Our teams develop different levels of relationships along with specific tools according to the category:
Tier 1
Establish a real strategic relationship based on innovation and/or partnership projects
Tier 2
Develop the business relationship for a competitive advantage which benefits both parties
Tier 3
Optimize the current relationship based on continuous progress
Tier 4
Pursue commercial relationships
Tier 1
Establish a real strategic relationship based on innovation and/or partnership projects
Tier 2
Develop the business relationship for a competitive advantage which benefits both parties
Tier 3
Optimize the current relationship based on continuous progress
Tier 4
Pursue commercial relationships
DEPLOYMENT OF CSR ASSESSMENTS WITH SUPPLIERS
DEPLOYMENT OF CSR ASSESSMENTS WITH SUPPLIERS
DEPLOYMENT OF CSR ASSESSMENTS WITH SUPPLIERS
Highlights
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This initiative was launched in 2011 to recognize the performance and commitment of our suppliers
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As an SRM initiative, it rewards the best suppliers in our three purchasing domains: Raw Materials & Energy, Industrial Purchasing and Services.
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Award-Winners are chosen via a selection process carried out by the purchasing department and the Group’s other departments.
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The suppliers are judged on their performance in quality, innovation and sustainable development
Highlights
-
This initiative was launched in 2011 to recognize the performance and commitment of our suppliers
-
As an SRM initiative, it rewards the best suppliers in our three purchasing domains: Raw Materials & Energy, Industrial Purchasing and Services.
-
Award-Winners are chosen via a selection process carried out by the purchasing department and the Group’s other departments.
-
The suppliers are judged on their performance in quality, innovation and sustainable development
-
This initiative was launched in 2011 to recognize the performance and commitment of our suppliers
-
As an SRM initiative, it rewards the best suppliers in our three purchasing domains: Raw Materials & Energy, Industrial Purchasing and Services.
-
Award-Winners are chosen via a selection process carried out by the purchasing department and the Group’s other departments.
-
The suppliers are judged on their performance in quality, innovation and sustainable development