Supplier evaluation is an essential component of global purchasing performance, if only because buyer performance is based on supplier performance!
We have retained 6 axes for supplier performance :
Our experience shows that setting up a globally consolidated evaluation system on all 6 axes is difficult, especially for large companies where spend and suppliers are spread over many countries and sites. Several pre-requisites exist : standard reference tables for the supplier base and for spend segmentation, standard axes for assessment and scoring methods, and of course people tasked to perform the assessments ! (end users, buyers, engineers…)
An effective evaluation system enables the detection of key suppliers.
Better Buying Concepts has developed a proven approach for setting up supplier assessment systems, adapted to all sizes of company.
