Supplier Selection and Certification.
Supplier selection and certification is the process of identifying, evaluating, and selecting suppliers for an organization, and of ensuring that those suppliers meet certain standards or requirements. This process is important for a number of reasons, including:
- Quality: Selecting suppliers that can consistently provide high-quality products or services can help to improve the overall quality of an organization’s products or services.
- Cost: Selecting suppliers that offer competitive pricing can help to reduce the overall cost of goods or services for an organization.
- Capacity: Ensuring that suppliers have the capacity to meet the demand of an organization can help to ensure that orders are fulfilled on time and avoid shortages or delays.
- Compliance: Ensuring that suppliers are compliant with relevant regulations and standards can help to minimize risk and ensure that products or services are safe and meet quality standards.
There are a few key steps that are typically involved in the supplier selection and certification process:
- Defining requirements: The first step is to define the requirements that suppliers must meet, such as quality standards, delivery times, and pricing.
- Identifying potential suppliers: Next, potential suppliers are identified based on their ability to meet the defined requirements.
- Evaluating potential suppliers: Potential suppliers are then evaluated based on a variety of factors, such as their track record, capacity, and pricing.
- Selecting suppliers: Based on the evaluation process, a decision is made on which suppliers to select.
- Certifying suppliers: Once suppliers have been selected, they may need to undergo a certification process to ensure that they meet the required standards.
Overall, supplier selection and certification is the process of identifying, evaluating, and selecting suppliers that can meet the needs of an organization, and of ensuring that those suppliers meet certain standards or requirements.
Supply Chain Quotes
- “The nemesis of supply chain is bad communication.” ~EverythingSupplyChain.com.
- “We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better.” ~ Jeff Bezos, Amazon founder and CEO.
- “Appreciate everything your associates do for the business. Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They’re absolutely free and worth a fortune.” ~ Sam Walton, founder Walmart.
- “In 30 years, a robot will likely be on the cover of Time Magazine as the best CEO. Machines will do what human beings are incapable of doing. Machines will partner and cooperate with humans, rather than become mankind’s biggest enemy.” ~Jack Ma, founder Alibaba.
- “For some the digital supply chain is just a bunch of buzzwords: Big Data, Internet of Things (IoT), Cloud, Drones… For others it is the future of supply chain. ~SupplyChainToday.com.
- “A well trained procurement organization can add major dollars to the organization through cost savings.” ~Dave Waters.
- “Having high performing suppliers is key to a well run supply chain.” ~EverythingSupplyChain.com.
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