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:
Data Cleansing & Categorization
Cleansing, consolidation and classification of procurement data - If you want to operate procurement controlling professionally, you have to operate content management. Only with cleansed, uniformly classified data can you obtain meaningful analyses. View ways to cleanse & classify data in procurement.Request a Demo for Data Cleansing & Categorization more about Data Cleansing & Categorization
Here you will find important terms related to spend management explained in a clear way. Small knowledge base for quick information or in full for your further education. This controlling glossary is constantly being expanded and improved.
Read blog articles about spend management, initiative management and data management in procurement, or other articles from our experts.
For more information, see the following article: