Question: Your Supply Chain Manager has assigned you the responsibility of developing a new Supplier Evaluation process for your company. Your company has experienced an unfavorable

Your Supply Chain Manager has assigned you the responsibility of developing a new Supplier Evaluation process for your company. Your company has experienced an unfavorable trend in low productivity as a result of component availability, re-working of product and increased inventory levels of nonconforming material. Your company cannot seem to effectively measure supplier performance because it doesn't know which metrics to implement that will drive the right changes. To make matters even more challenging, your company is working to become ISO9001 certified. ISO9001:2008 requires supplier evaluation and data analyses, so this needs to be considered when developing the Supplier Evaluation process. Identify the top ten supplier performance criteria that you want to use in the evaluation process. Create a Supplier Evaluation Template that includes the key criteria data that you want to analyze.
Write a paper proposal that includes:
Purpose of a Supplier Evaluation process Example of template with evaluation criteria Implementation plan: include who is responsible for collecting data and how you will determine which suppliers will be measured. Supplier communication plan, to inform selected suppliers of this new process Explain how data will be used to drive supplier performance improvements.

Step by Step Solution

3.28 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Effective Supplier Evaluations Introduction In the global scenario in regards to purchasing supplier evaluation receives utmost importance Indeed every organization most especially the manufacturing r... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1258-B-M-A-C-B(2609).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!