Vendor Rating for New, Potential Vendor

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Vendor Rating for New, Potential Vendor
Luigi Visiello
I'd like to understand how should one can create a first vendor rating procedure for new suppliers (not yet present into the supplier list). It should be useful to use not only financial KPI (debtness ratio, turnover, cash to cash cycle, etc..), but also operational ones. Could someone give me an idea?
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Jay Deragon
Doc Searls is running a project at Harvard called VRM (Vendor Relationship Management) which addresses all of the above and a lot more. You can view i...Sign up

Supplier Evaluation, Rating a Potential Vendor: ISO 9001
Madan Gopal Agarwal, Business Consultant, India, Member
A generic system for any Sector is ISO 9001 (Specific for Auto is ISO / TS 16949).
- Identify Critical Parameters
- Create Questionnaire on ...Sign up

Vendor Rating Based on Unique Criteria and KPIs
Ismail Kashkash
Additional to standard vendor evaluation and selection procedures, each organization should have a selection criteria unique to its processes and eval...Sign up

Vendor rating
Vendor rating has come a long way in Indian industries. BHEL uses one of the best vendor rating methods and continuously upgrades it. In my opinion, ...Sign up

Vendor Rating
Vinod, Chartered Accountant, India, Member
Among other things, vendor rating includes the timely delivery, and quality in terms of PPM, Lead Time for Delivery....Sign up

Vendor Rating - New
Colin Downey, Category Manager, New Zealand, Member
I have use parameters such as Suppliers Distribution (Wide/Narrow), Infield sales support, Marketing and Promotional support, Delivery in full on time...Sign up

Important about vendor rating
Ankit Agrawal, Consultant, India, Member
Now a days vendors are not only the business parties but they are the business partners and very important process owner. So to keep overall process s...Sign up

Supplier evaluation
Susana Amezcua Rodriguez, Management Consultant, Mexico, Member
Excellent information for me as a quality consultant...Sign up

Vendor Rating
Arne Antos
I think it boils down to did you get value for what you paid. That would include timely shipment and condition of item upon receipt....Sign up

Objective Vendor Rating in Developing World
Christopher Odida, Kenya, Member
Yes this can be achieved but a lot professionalism will be very vital, otherwise vendors who are good in canvassing might be the beneficiary of the wh...Sign up

Vendor Rating in Developing Countries
Bernadette, Sales, Kenya, Member
Vendor rating is not common in the most developing countries because the process is entangled by bid rigging and collusive behaviour. Most vendors are...Sign up

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