Corporate sustainability. Sourcing diverse suppliers. Social responsibility. Supplier development. In a global economy, procurement and supplier diversity executives must balance these challenges every day. Supplier quality management has emerged as a leading business practice, because the cost of poor quality can be very damaging to a company. We offer several strategic sourcing solutions, which help you address these issues with an integrated approach to supplier management. Listen to our audio clip and learn how BIZPHYX can help you reduce risk in your supply chain.
The Challenge Of Supplier Diversity
Today, minority and women-owned companies are the fastest growing segment of new business in the United States. As a result, most Fortune 500 companies have supplier diversity departments and spending goals, which substantiate their company's commitment to this effort. Yet, how do corporations source qualified diverse suppliers? Is the potential for opportunity with these new suppliers worth the possible risk and exposure in your supply chain? How do your supplier diversity efforts align with your company's sustainability and social responsibility goals? In our work with supplier diversity and procurement executives, we can substantiate that these factors strongly influence strategic sourcing processes. Our solution: develop a supplier quality program. Read about Operation Hand Salute and our case study on quality certifications.
Reduce Risk With Supplier Development
Can you reduce supply chain risk while increasing your number of diverse suppliers? Yes. Smart companies realize that supplier development is an imperative, especially with diverse suppliers. By educating or requiring that these suppliers certify to a quality standard like ISO 9001, ISO 14001 (the environmental standard) or a more specialized industry standard such as TL 9000 (the telecommunications standard), you can be assured that these suppliers have documented procedures, corrective and preventive action plans and most importantly, they have business systems that are audited each year by an independent third party. An added benefit is this may reduce or eliminate your need to conduct supplier audits. Being certified to a quality management system ensures the supplier is a quality organization, thereby reducing risk in your supply chain. Learn more about our supplier development services such as training and supplier audits.
Corporate Sustainability and "Green" Suppliers
Many organizations often say they are "green", but what does "being green" really mean? If your supplier's environmental goals or initiatives impact your company's sustainability efforts, what can you do to make sure they meet their targets? Organizations certified to a standard like ISO 14001 (the environmental management system) can substantiate that their environmental goals are being achieved because ISO 14001 is an audited quality system. Integration of ISO 14001 certified suppliers into your supply chain, is an important element of an overall corporate sustainability effort. Visit our ISO 14001 page.
Support For Diverse Suppliers
An important part of supplier education, is to help diverse suppliers understand what quality management systems are and how to achieve certification. BIZPHYX can work with your supplier diversity department to design a custom solution for your suppliers, such as providing supplier education and quality training. Learn about our cost effective, web-based solution that helps diverse suppliers achieve quality certifications like ISO 9001, TL 9000 and ISO 14001.
Unlike
other quality consultants, BIZPHYX is certified to both ISO 9001 and TL
9000 and as a certified WBE, we are a diverse supplier. Few
quality management consulting firms are certified to the standards they
implement and we understand what it takes to be a successful Tier 1,
diverse supplier. This level of expertise translates into results for
our clients, as evidenced by an unprecedented 100% client certification
rate. We practice what we teach.
BIZPHYX is also an active member of
the Institute for Supply Management and the ISM Supplier
Diversity SIG.
"...Without these certifications, I can say we would not have met the qualifications for some major contracts we received in the past year. Not only did we receive the contracts, but when looking at the customer's requirements- implementation of a QMS helped us meet those requirements in such a way, that we are better able to deliver on-time and with fewer problems."
