How can I evaluate the quality of my suppliers?
To evaluate supplier quality, consider factors like product quality, delivery performance, and compliance with standards.
What specific metrics should I look at?
You should look at metrics such as defect rates, on-time delivery percentages, and customer feedback scores.
How often should I conduct these evaluations?
It's best to conduct evaluations regularly, such as quarterly or bi-annually, depending on your business needs.
Can you suggest any tools for supplier evaluation?
Yes, tools like SupplierScorecard, SAP Ariba, and Jaggaer can help streamline the evaluation process.
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