Supplier Evaluation Assessment?

1. Project Title

2.Start by listing the ten most frequent places you shop (personally or business). Can you estimate the approximate share of your purchases for each place?

3. What categories of suppliers make sense for your situation? What do you name the categories? How do you assign the categories (what are your two dimensions)? Which of the suppliers you previously mentioned go into which category?

4. For each of the suppliers who you mentioned (and placed in a respective segment) evaluate your relationships with each of them. Specifically, focus on the unique value you receive from them and the unique value they receive from you (revenue enhancements, cost savings, innovation, flexibility, etc.).

5. Outline an action plan to streamline your purchases from your suppliers.