Strategic Supply Management Definition [ Trending × HANDBOOK ]

To understand SSM, imagine a fictional high-performance outdoor clothing company called . 1. Beyond the Transaction

Strategic Supply Management at Peak Gear eventually led to a breakthrough: a new, biodegradable fabric developed jointly with a key textile partner. By treating the supplier as a strategic asset rather than a vendor, Peak Gear gained an exclusive, sustainable material that defined their brand for a decade. Key Pillars of Strategic Supply Management Strategic Supply Management Definition

Based on the principles seen at Peak Gear, SSM is defined by these core elements: What Is Supply Chain Strategy? An Overview of the Basics By treating the supplier as a strategic asset

Early on, Peak Gear operated with a basic procurement mindset. When they needed zippers, they bought the cheapest ones available. However, a "strategic" approach shifted their focus from to total value . They realized that a cheap zipper failing on a mountain peak damaged their brand more than the savings helped their bottom line. 2. Strategic Supplier Selection When they needed zippers, they bought the cheapest