Hi Vishwadeep,
What if there is a Supplier quality assurance function in In-house production, and additionally we have a governing/monitoring body as Supplier Management with below responsibility-
♦ Ensuring the onboarding of suppliers
♦ Governance of on-time execution at suppliers
♦ Providing continuous support during execution and monitoring data correctness/completeness into the reporting system
♦ Performance management of suppliers
♦ Evaluate supplier compliance
♦ On time and accurate invoicing and performance payouts to suppliers
♦ Facilitating RCA’s, new process/tools deployment and driving continual process improvement at suppliers
What is your view on such activities, what & How can be implemented/built to cut the waste?
any reference!!!