How to implement supplier evaluation?

A supplier evaluation differentiates according to “hard facts” and “soft facts” in order to assess the actual condition of a supplier with regard to value, opportunities, and risks for the individual company. Additionally, developments are observed to appraise the future performance capacity of the supplier as well. Determining what criteria are how important can vary from case to case. Essential basic criteria are:

  • pricing
  • quality
  • reliability
  • TCO
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