Chapter 5: Supplier Selection Flashcards
What are the main criterias to look for in supplier
qualitative Criteria and Quantitative Criteria
Social, economic, environmental => sustainable
What is the S in the SCOPE approach
Strategic Fit
What are the management’s qualifications?
How do we fit in the portfolio?
What is the C in the SCOPE approach
Customer Portfolio
What are the most important customers?
How are the conditions and services?
What is the O in the SCOPE approach
Operational Excellence
Who are the main suppliers of my supplier?
When do the collective agreements end?
What is the P in the SCOPE approach
Product Development
Is the supplier a leading research company?
How many resources are available for R&D?
What is the E in the SCOPE approach
Economic Viability
How are the risks managed?
How are the total costs distributed?
How are the Quantitative Criteria and Qualitative Criteria perceived
Quantiative Criteria = Objective
Qualitative Criteria = Subjective