Who is FLITER® for?
The FLITER® BLRS is designed for any organization that relies on small- to mid-sized vendor support, and is looking to assess and improve the business operations of those vendors.
Whether you’re a corporate managing a supplier diversity program, a government entity working to uphold federal supplier diversity mandates, a manufacturer striving to improve your supply chain performance, or any organization working in collaboration with vendors, FLITER® BLRS can help you direct growth, mitigate risk, and guide your suppliers toward improved business outcomes.
Why is measurement important?
Supply chain managers need efficient ways to prove the ROI of their programming and support their suppliers’ business growth. Without a clear understanding of the strengths, weaknesses, and typical operations of each supplier, it’s impossible to define success or track progress.
FLITER® BLRS allows business leaders a proverbial look “under the hood” of each of their suppliers, assigning them a numerical level across each of the twelve business dimensions. As suppliers “level up” by focusing on implementing structure in targeted areas of the business, business leaders will be able to clearly see the impact of their investment and target areas for future improvement and growth.
The FLITER® process
Through a comprehensive, research-based process aligned with the U.S. Department of Labor Competency Model for Entrepreneurship, the FLITER® BLRS assesses vendors across twelve business categories and leads owners through a series of steps to move their company from one level of performance to the next.
Two standard outcome reports identify current levels of performance and provide owners and program managers with an understanding of where the company is today. Owners are also provided a development guide that includes specific, actionable, step-by-step recommendations for how to achieve quantifiable progress across each business dimension. Suppliers can use their report to make progress on their own, or in partnership with a business mentor or consultant to save time and money.