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Transforming Supplier Performance Management Chris Kidd 20th March 2014 Leading global excellence in procurement and supplyOverview Introduction Why do SPM? Transforming the process The SPM process
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Transforming supplier is a form that needs to be filled out by suppliers who are converting raw materials into finished goods for resale.
Any supplier who is transforming raw materials into finished goods for resale is required to file transforming supplier.
To fill out transforming supplier, suppliers need to provide information about the raw materials used, the manufacturing process, and the finished products being produced.
The purpose of transforming supplier is to track the transformation of raw materials into finished goods for taxation and regulatory purposes.
Suppliers must report details about the raw materials used, the manufacturing process, and the finished products being produced on transforming supplier.
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