Control over suppliers, performance and continuity
Supply management focuses on actively managing suppliers, performance and risks within procurement. While supply chain management covers the entire chain, supply management concentrates on the procurement domain: maintaining control over suppliers and ensuring continuity of supply.
Supply management includes all activities aimed at securing continuity, improving supplier performance and managing risks within the supply base. It acts as the bridge between sourcing, contract management and supplier management, ensuring that agreements translate into tangible outcomes.
Supply management is relevant for professionals responsible for performance, continuity and risk within procurement, including:
Applying supply management requires a structured and continuous approach in which suppliers are segmented based on their impact and risk, performance is actively monitored through KPIs and SLAs, and risks are systematically identified and managed. By combining these insights with ongoing monitoring and adjustment, organisations can move from reactive to proactive management, ensuring continuity while continuously improving supplier relationships and performance.
Discover how supply management helps you manage suppliers, risks and performance within procurement.