GOVERNANCE
Some degree of governance and oversight is required for all suppliers. That’s why segmentation and aligned treatment strategies are so important. These activities enable the organisation to manage an often large and diverse supplier base in the most effective and efficient way, ensuring risk and opportunity are properly managed as well as optimising the allocation of time and resource. and oversight in place if they are not managing supplier contracts, performance and risk in a way that is appropriate to the products and services in question. opinion State of Flux Good governance is what is appropriate to the supplier relationship in question – not too much, not too little. It’s providing the right level of control and oversight in a structured and consistent manner. No organisation can claim to have effective governance Good governance is what is appropriate to the supplier relationship in question – not too much, not too little.
2019 GLOBAL SRM RESEARCH REPORT
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