Description

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Norman Katz has secured a top spot as one of the Top 50 Global Thought Leaders and Influencers on Supply Chain 2020.

Even the largest companies find managing vendors a daunting task. If you get it wrong then you risk inadvertently penalizing potentially valuable suppliers with misguided, overly bureaucratic or costly processes. Worse the burdens placed on the vendors backfires on the customer entity itself as the customer is subjected to the increased operational costs of managing the ramifications of the ill-conceived or poorly implemented requirement through the vendor community, driving up its own operational costs and increasing frustrations for all, straining the customer-vendor relationship. Effective compliance programs balance the requirements with the capabilities of their suppliers, striving to educate instead of just inform. A well-run program should help vendors self-implement and control costs, not force vendors to rely on constant communication and increase costs for all trading partners involved.

Successful Supply Chain Vendor Compliance explains the technical, process and cultural elements that go into a successful compliance program. Norman Katz exposes the weaknesses in traditional programs and identifies the characteristics of well-managed programs that foster beneficial trading partner relationships. He shows how a well-executed vendor compliance program can control and decrease costs by reducing disruptions throughout the supply chain, from the distribution center to the data center to the corporate office.

Competition is fierce, and the right vendor can help you define a business model, react quickly to changes, and differentiate between you and your competitors.

See the latest Forbes article on Abusive Compliance Practices

About the Author

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Supply chain vendor compliance has been a central focus in the career of author Norman Katz since 1993. His career roles as a Programmer, Programmer Analyst, Business Systems Analyst, and Information Technology Manager from 1985 through 1995 provided significant background in the core supply chain technologies of Enterprise Resource Management (ERP) systems, Electronic Data Interchange (EDI), and barcode labelling and scanning applications, and also in business operations across a variety of industries. In 1996 Norman decided to chart his own course and founded Katzscan specializing in supply chain technologies and operational performance, vendor compliance, information insights, supply chain risk management, and supply chain fraud detection and reduction. Norman is also the author of Detecting and Reducing Supply Chain Fraud (Gower, 2012).