Vendor Rating
A few ways by which a vendor can be evaluated are listed below- Categorical Method Weighted point Method Cost Ratio Method
Vendor Evaluation
Categories
Categories
- 1_Procurement Insights (28)
- 2_Short Notes (51)
- Finance (2)
- Import (1)
- Logistics (1)
- Manufacturing Process (3)
- Material (14)
- Packaging (2)
- Procurement (18)
- Cost Savings (2)
- Global Sourcing (1)
- Inventory Management (5)
- Forecasting (1)
- Negotiation (3)
- Process (1)
- Strategic Sourcing (2)
- Vendor Evaluation (3)
- Products (4)
- Quality Management (6)
- Stocks (1)
Supplier Evaluation
Checklist for evaluation of potential supplier – 1. Competency: Capabilities assessment – measurement against our requirement. 2. Capacity: Supplier’s available resources to meet our orders
Supplier Scorecard
Supplier Scorecard is we used to measure suppliers, and to give qualified or certified status to suppliers. Ideally, The best scoring suppliers per commodity group
