Chapter 5: Supplier Selection Flashcards

1
Q

What are the main criterias to look for in supplier

A

qualitative Criteria and Quantitative Criteria
Social, economic, environmental => sustainable

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2
Q

What is the S in the SCOPE approach

A

Strategic Fit
What are the management’s qualifications?
How do we fit in the portfolio?

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3
Q

What is the C in the SCOPE approach

A

Customer Portfolio
What are the most important customers?
How are the conditions and services?

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4
Q

What is the O in the SCOPE approach

A

Operational Excellence
Who are the main suppliers of my supplier?
When do the collective agreements end?

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5
Q

What is the P in the SCOPE approach

A

Product Development
Is the supplier a leading research company?
How many resources are available for R&D?

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6
Q

What is the E in the SCOPE approach

A

Economic Viability
How are the risks managed?
How are the total costs distributed?

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7
Q

How are the Quantitative Criteria and Qualitative Criteria perceived

A

Quantiative Criteria = Objective
Qualitative Criteria = Subjective

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