Raytheon previously selected suppliers based solely on lowest bid which resulted in many suppliers. In 2006, Raytheon introduced benchmarking and a supplier maturity model to transition to lean supply management by reducing supplier numbers and certifying suppliers through delegated inspection. By 2012, Raytheon achieved its ultimate objective of having a small base of best value suppliers certified through the maturity model and benchmarking process.
Raytheon previously selected suppliers based solely on lowest bid which resulted in many suppliers. In 2006, Raytheon introduced benchmarking and a supplier maturity model to transition to lean supply management by reducing supplier numbers and certifying suppliers through delegated inspection. By 2012, Raytheon achieved its ultimate objective of having a small base of best value suppliers certified through the maturity model and benchmarking process.
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Raytheon previously selected suppliers based solely on lowest bid which resulted in many suppliers. In 2006, Raytheon introduced benchmarking and a supplier maturity model to transition to lean supply management by reducing supplier numbers and certifying suppliers through delegated inspection. By 2012, Raytheon achieved its ultimate objective of having a small base of best value suppliers certified through the maturity model and benchmarking process.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online from Scribd
Raytheon prior state: Lowest Bidder Lots of suppliers. Benchmarking and Maturity model introduction (2006): Lean Supply Management Reducing numbers and Supplier Delegated Inspection (SDI) Certification . Ultimate Objective (achieved 2012): Building a small certified base - Best Value Suppliers.