Supplier evaluation: The first step in effective sourcing | Zendy

Kateřina Pikousová | Zendy; Petr Průša | Zendy

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Supplier evaluation: The first step in effective sourcing

Author(s) -

Kateřina Pikousová,

Petr Průša

Publication year - 2013

Publication title -

journal of transport and supply chain management

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.184

H-Index - 2

eISSN - 2310-8789

pISSN - 1995-5235

DOI - 10.4102/jtscm.v7i1.87

Subject(s) - purchasing , business , quality (philosophy) , process management , supplier evaluation , supplier relationship management , marketing , selection (genetic algorithm) , strategic sourcing , risk analysis (engineering) , supply chain , operations management , industrial organization , computer science , supply chain management , strategic planning , economics , philosophy , strategic financial management , epistemology , artificial intelligence

The evaluation and selection of suppliers are important tasks in any organisation. Each organisation needs to have a supplier evaluation matrix or model in place. The goal of this article is not only to give an overview of supplier performance evaluation techniques but also to present an example of such a supplier evaluation matrix used in practice. The article shows that suppliers’ qualities, strategies and abilities affect a buying company’s business. Reliable suppliers can help to develop stabile, long-term relationships that will be beneficial to both parties. Effective sourcing and purchasing require high-quality suppliers

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