Tips on Supplier Evaluation

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Mpho Segwagwe
Student (Other), Botswana

Tips on Supplier Evaluation

Beyond the 4 purchasing categories described by Kraljic, how do I go about evaluating suppliers? What are the main steps and what are the pitfalls that should be avoided?

  Jaime Arevalo
Colombia
 

Consider Six Aspects in Supplier Evaluation

When you are to evaluate your suppliers you can consider to include following 6 relevant issues:
  1. Legal Compliance
  2. On-Time and In-Full delivery] (OTIF)
  3. Health, Safety, and Environment (HSE)
  4. Process Safety
  5. Corporate Social Responsibility (CSR)
  6. Administrative Aspects
Make sure you score these main risks and deliverables.

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