In
order to get the most out of suppliers it is important to decrease the supplier
base and work closely with existing suppliers. Use the following
information to evaluate supplier performance.
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Supplier works closely to lower overall
costs
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Supplier provides market/product
knowledge/information along with service and support
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Supplier identifies opportunities
to decrease costs and suggests ideas on ways to improve the supply
chain.
-
Supplier performs joint
cost-reduction/quality improvement programs
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Supplier can deliver products across
various geographic regions
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Shares data and supplies
resources to locate and solve problems.
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Deliveries meet deadlines and do
not need to be expedited to meet delivery time.
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Supplier readily shares cost information.
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Supplier recognizes potential
opportunities to incorporate new ideas.
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Supplier is involved with product
in early stages of design
-
Supplier implements procedures for controlling
fluctuations in raw material costs
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Provides technical support for production/quality
problems
-
Supplier gives ideas and
suggestions during initial stages of product development
-
Proactive in offering innovative
and alternative technologies
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Supplier is proactive in finding
problems and discovering solutions
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Supplier gives feedback on
quotations to reduce costs
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High interest in joint problem
solving.
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Reacts quickly and effectively to
problems and proactive to finding solutions
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Supplier is flexible and adjust to
special requests when needed
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Supplier responds
quickly and effectively under adverse situations.
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Supplier keeps the lines of
communication open and lets customers know when
problems may occur
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Expedites emergency orders in a
timely manner
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Suppliers do what they say and
are trustworthy
-
Proactive in communicating
forecasts for planning and deliveries
-
Suppliers' technology roadmap
aligns with the company's current IT initiatives
-
Capable to exchange information
through the Internet
-
Proactive in providing value
added proposals
-
Supplier provides innovative
suggestions for improvements and anticipates future problems
-
Participates in joint development
efforts
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Provides technological
assistance and engineering support
-
Supplier is willing to provide rapid modeling and prototype
capabilities
-
What is the financial feasibility
of the company
-
What is the vendor's reputation
in the industry
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Is the quality worth the price
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Is the product over engineered
-
Does the supplier have a quality
system in place
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Is there a quality improvement
plan in place
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Does the vendor meet delivery and
cycle time goals
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Does the supplier try to reduce
lead times
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Are there processes for
controlling and leveraging raw material cost
