31 min listen
SUPPLIER EMPOWERMENT: Manage Relationships and Map Out Supply Bases with Rachel Hassall
SUPPLIER EMPOWERMENT: Manage Relationships and Map Out Supply Bases with Rachel Hassall
ratings:
Length:
32 minutes
Released:
Jan 18, 2023
Format:
Podcast episode
Description
THE KEY METRIC IS A SUPPLIER'S RESILIENCYIn this episode of What The Duck?!, we chat with Rachel Hassall, a CPG supply chain executive who until recently was VP for Global Direct Procurement at Revlon. She digs into how brands can empower suppliers as they are critical partners of the business. She also shares how to map out supply bases to assess the criticality of suppliers and how this then informs your relationship with them moving forward.MOMENTS TO DUCK AROUNDRachel: Accountability empowers both suppliers and brands"The most critical of any of these is holding all parties accountable. You'll hold your vendors accountable by providing that regular feedback, but holding your internal teams accountable is absolutely the most critical. If your teams can't be clear about what they need, if your teams are not specifying correctly, if your teams are not giving the right signals to your vendors, it's impossible for your vendors to provide for you."Rachel: Map out the criticality of your supply base"When you talk about mapping out your supply base is saying, is this a vendor who I'm going to invest a lot in a relationship with? Is this a strategic vendor that I'm going to put more and more business into? Is this a tactical vendor who maybe you're not going to invest a lot in that relationship, but it's someone that you go to periodically? Or is this vendor on an exit strategy? Are you actively looking to leave a vendor?"Connect with Rachel and learn what she’s been duckin’ around with:Rachel Hassall | ChiefConnect with Sarah and find out more about what the duck she’s up toLinkedIn | Twitter | SourceDay | SourceDay.comHad fun with the podcast? Leave us a like, share our content, and subscribe! See you soon on the next episode of What The Duck?!
Released:
Jan 18, 2023
Format:
Podcast episode
Titles in the series (92)
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