SCM Supplier Evaluation
Supplier Management – The Need of the Hour [Webinar Recording]
About the Supplier Management – The Need of the Hour Webinar This webinar focuses on the topic of supplier relationship management, and deals with the questions that many supply chain managers have on this subject. Rob Handfield hosts a number […]
Definitions: An Analysis of Supplier Evaluation
Definitions Economic Order Quantity Just-in-Time Total Quality Management Life Cycle Electronic Data Interchange (EDI) Extensible Markup Language (XML) p. Supplier Evaluation is a sourcing strategy used to assess suppliers in terms of product or service quality, delivery speed and accuracy, […]
Background: An Analysis of Supplier Evaluation
Background Adversarial Model Economic Order Quantity Concept Partnership Model Supplier Evaluation h2. Adversarial Model It was not until the late 1960s that purchasing was considered more than a clerical function (11). Prior to this time, supplier selection was focused on […]
References: An Analysis of Supplier Evaluation
References 1 Barlas, D. August 2001. When EDI is mandatory. www.line56.com. 2 Browing, J. September 2000. Developing “fast track” policies and procedures. CAPS Research. 4(1): 7-13. 3 Carr, A. & Pearson, J. 1999. Strategically managed buyer-supplier relationships and performance outcomes. […]
Future Developments: An Analysis of Supplier Evaluation
Future Developments If corporations continue to increase their use of manufacturing and services outsourcing, then the demand for supplier evaluation should increase. It should also follow that there will be an increase in the overall demand for supplier evaluation techniques […]
Case Studies: An Analysis of Supplier Evaluation
Case Studies Boeing Commercial Airplanes Group Top Suppliers Boeing Commercial Airplanes Group Boeing Commercial Airplanes Group, BCAG, is a firm that demonstrates excellence in the area of supplier evaluation (22). It has a total of 3,100 suppliers. BCAG has put […]
Expected Costs and Benefits: An Analysis of Supplier Evaluation
Expected Costs and Benefits Benefits Costs h2. Benefits By becoming more competent in supplier evaluation, firms can expect a number of financial and non-financial benefits. Each particular quality sought in a vendor provides a firm with a different type of […]
Implementation Issues: An Analysis of Supplier Evaluation
Implementation Issues 7-Stage Process 1. Develop a high-level plan 2. Develop a process plan 3. Acquire data 4. Evaluate supplier 5. Select / develop supplier 6. Implement the project 7. Performance measurement and continuous improvement Implementation Risks and Pitfalls 7-Stage […]
Associated Technologies: An Analysis of Supplier Evaluation
Associated Technologies Business-to-Business Networks (B2B) Electronic Data Interchange (EDI) Extensible Markup Language (XML) Web Exchanges Trust and Information Sharing Given the variety of services and products that the economy provides, companies have varying needs for technological assistance with the supplier […]
Performance Measurements and Metrics: An Analysis of Supplier Evaluation
Performance Measurements and Metrics Categorical System Weighted Point Method Cost-Based System Total Cost of Ownership Approach Frequency of Assessment How Measurements are Used Based on the more current partnership approach, several techniques are used by companies to evaluate suppliers and […]