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In this captivating episode of 'Date My Supplier,' we delve into the intriguing world of automotive manufacturing as we unravel the complex and challenging relationship between Toyota and ChassisCo during the launch of the 2003 Suprima. Join host Rachel Morgan as she takes you on a journey through a case study analysis of this unforgettable chapter in Supplier Relationship Management (SRM). Discover the highs and lows, the triumphs and pitfalls, as Toyota bestows increasing responsibility upon ChassisCo, believing in their capabilities to manage the 2003 Suprima launch. However, as the story unfolds, it becomes apparent that expectations and capabilities are not fully aligned, leading to a series of unforeseen challenges. Explore the crucial role of effective communication and collaboration in supplier relationships, as ChassisCo's deficiencies in parts tracking and project management come to light. Witness the impact of stringent technical requirements outlined in the Technical Instruction Sheet (TIS), and the struggle to meet Toyota's high standards. Delve into the implications of pricing pressures and the pursuit of cost optimization on supplier performance, as ChassisCo faces the consequences of accepting low bids from parts suppliers. Uncover the importance of executive sponsorship and the lack thereof in ChassisCo, impacting resource allocation and problem-solving capabilities. Through expert analysis, gain valuable insights into aligning expectations with capabilities, establishing effective communication channels, ensuring supply chain visibility, managing pricing considerations, and the critical role of executive sponsorship in successful supplier relationships. Join us for an enlightening exploration of the Toyota-ChassisCo Chronicles, offering valuable lessons in Supplier Relationship Management that transcend industries and empower organizations to foster thriving and mutually beneficial supplier relationships. Tune in to 'Date My Supplier' and expand your knowledge of SRM strategies that drive success in the world of automotive manufacturing. Find the SRM handbook, "Date My Supplier" ,the ultimate guide to managing supplier relationships...on Amazon and Takealot. (Note: This episode builds upon the previous episode and can be listened to as a standalone or as part of the series.)
Get yourself a copy of the official SRM handbook. Links below:
Date My Supplier - The Official SRM Handbook (lulu.com)
https://www.takealot.com/date-my-supplier/PLID93189976
https://www.amazon.com/Date-My-Supplier-Handbook-Relationships/dp/0639770274
Date My Supplier - The SRM Handbook: The Ultimate Guide to Managing Supplier Relationships: Msonzah, Simbarashe: 9780639770277: Amazon.com: Books
By SRM+In this captivating episode of 'Date My Supplier,' we delve into the intriguing world of automotive manufacturing as we unravel the complex and challenging relationship between Toyota and ChassisCo during the launch of the 2003 Suprima. Join host Rachel Morgan as she takes you on a journey through a case study analysis of this unforgettable chapter in Supplier Relationship Management (SRM). Discover the highs and lows, the triumphs and pitfalls, as Toyota bestows increasing responsibility upon ChassisCo, believing in their capabilities to manage the 2003 Suprima launch. However, as the story unfolds, it becomes apparent that expectations and capabilities are not fully aligned, leading to a series of unforeseen challenges. Explore the crucial role of effective communication and collaboration in supplier relationships, as ChassisCo's deficiencies in parts tracking and project management come to light. Witness the impact of stringent technical requirements outlined in the Technical Instruction Sheet (TIS), and the struggle to meet Toyota's high standards. Delve into the implications of pricing pressures and the pursuit of cost optimization on supplier performance, as ChassisCo faces the consequences of accepting low bids from parts suppliers. Uncover the importance of executive sponsorship and the lack thereof in ChassisCo, impacting resource allocation and problem-solving capabilities. Through expert analysis, gain valuable insights into aligning expectations with capabilities, establishing effective communication channels, ensuring supply chain visibility, managing pricing considerations, and the critical role of executive sponsorship in successful supplier relationships. Join us for an enlightening exploration of the Toyota-ChassisCo Chronicles, offering valuable lessons in Supplier Relationship Management that transcend industries and empower organizations to foster thriving and mutually beneficial supplier relationships. Tune in to 'Date My Supplier' and expand your knowledge of SRM strategies that drive success in the world of automotive manufacturing. Find the SRM handbook, "Date My Supplier" ,the ultimate guide to managing supplier relationships...on Amazon and Takealot. (Note: This episode builds upon the previous episode and can be listened to as a standalone or as part of the series.)
Get yourself a copy of the official SRM handbook. Links below:
Date My Supplier - The Official SRM Handbook (lulu.com)
https://www.takealot.com/date-my-supplier/PLID93189976
https://www.amazon.com/Date-My-Supplier-Handbook-Relationships/dp/0639770274
Date My Supplier - The SRM Handbook: The Ultimate Guide to Managing Supplier Relationships: Msonzah, Simbarashe: 9780639770277: Amazon.com: Books