Author: Jennifer Read

Supplier Assessment: How to Do it Effectively and Efficiently

When it comes to supplier assessment, evaluation, audit, or appraisal, one of the most head-scratching problem would be how costly it would be: You have to gather the right resources who are capable to do the assessment effectively, make a schedule that works well for every party, gain the approval from your supplier, pinpoint the areas to be improved, and make sure the feedback is effective enough to reduce cost, lead time and drive supplier performance. So much to think about!

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