6 key-reasons and 5 methods to evaluating suppliers

In this short 2 page-document available at ISM and written by S. Gordon (Emptoris) you be reminded the 6 major benefits coming from supplier evaluation:

  1. Increase performance visibility,
  2. Uncover and remove hidden waste and cost drivers in the supply chain,
  3. Leverage the supply base,
  4. Align customer and supplier business practices,
  5. Mitigate risk,
  6. Improve supplier performance,

 …and the barriers/challenges of the 5 methods you can use to do so:

  1. Questionnaires,
  2. Scorecards,
  3. Site visits
  4. Sector standards certification
  5. Supplier evaluation softwate

One Response

  1. Sherry Gordon 23 August 2007

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