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Evaluating and Rating Suppliers

Program Objectives:

By the end of the program, participants will be able to:

  • Identify reliable suppliers and evaluate them for eventual selection.
  • Analyze supplier performance using appropriate rating systems.
  • Develop and use an approved supplier list or bid list
  • Design scientific surveys to measure the performance of suppliers.
  • This Program is designed for:

    Employees, supervisors, and managers from the purchasing department or other departments who are directly or indirectly involved in the management of suppliers.

    Program Outline:

    Selection of Suppliers Rating Suppliers
  • Types of Suppliers to Support Your
    Organization
  • Methods for Obtaining Information
  • Existing versus New Suppliers
  • Large versus Small Suppliers
  • Local versus International Suppliers
  • Number of Suppliers to Have
  • Techniques for Rating Suppliers
  • Ranking and Rating Suppliers
  • Qualitative Methods
  • Quantitative Methods
  • Mixing Qualitative and Quantitative Methods to
    Rate Supplies
  • A, B and C Suppliers
  • Evaluating Suppliers Supplier Surveys
  • Procurement Variables for Measuring
    Suppliers
  • Non-Price Variables to Watch for
  • Conducting Comprehensive Supplier Plant
    Visits
  • Which Suppliers to Visit?
  • How Often to Visit Suppliers?
  • Developing a Bid List
  • Designing Effective Surveys to Improve Your
    Operations
  • Types of Questions to Ask
  • How Many Questions to Ask?
  • Arranging Questions in a Scientific Way
  • Pre-requisites

    None:
    Duration : 2 days

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