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Initiatives

Regional Aggregated Contracting

The Regional Aggregated Contracting workgroup is the first effort by SMI to expand on member-led discussions on hot industry topics. Selected by SMI members as in need of a "deeper dive," this topic reflects an emerging industry trend. The workgroup currently seeks to develop an educational document that can serve as a primer for the industry about this emerging contract model. The team plans to document the critical success factors and mutual benefits that can be expected when trading in this environment.

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Value Alignment

The Value Alignment team is focused on How to Build Effective Corporate Relationships. The team recognizes that this initiative could serve as a "front end" to the existing SMI tool on Measuring Effective Relationships. The Value Alignment team expects to create a toolkit containing three major components: Effective Information Sharing, Effective Business Reviews, and Goal Setting & Metrics.

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Product Recalls

The Product Recall Initiative team is the first known industry effort to explore the challenges of product recalls across all major components of the supply chain - manufacturers, distributors, and providers. The team is initially focused on understanding the "pain points" being experienced within each supply chain component, while also learning of the regulatory requirements. It is expected that a gap analysis will highlight any common challenges shared by each supply chain participant, allowing the team to then work toward a meaningful outcome to advance the industry's overall management of product recalls.

          Member Survey Results

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