Supplier Evaluation

We will explore how buyers can evaluate the performance of their suppliers.
In this we shall
• Reflect on the role of supplier performance evaluation
• Consider the 10C framework for developing supplier performance evaluation
• Critique the role of a weighted points plan in evaluating supplier performance
On completion of this Week, you will be able to
• Explain the importance of supplier evaluation
• Define the key information categories of a supplier evaluation system
Lecturecast
In this lecturecast, we will explain the importance of supplier evaluation; and define the key information categories of a supplier evaluation system.
Reading
Two of the readings this week are practically orientated papers looking at both supplier performance assessment and managing supply risk. These papers are supported by an empirical journal article that reports the results of a study of supplier evaluation used in construction projects. Use these articles as critical points to reflect on your experience in managing supplier evaluation in projects and to develop some ideas for recommendations that your organisation could adopt.

Reading
Noorizadeh, A., Peltokorpi, A. and Avkiran, N. K. (2019) ‘Supplier Performance Evaluation in Construction Projects: Challenges and Possible Solution, Journal of Construction Engineering and Management, 145 (4), https://doi.org/10.1061/(ASCE)CO.1943-7862.0001616
Discussion Forum
Identify the potential performance criteria for a strategic supplier in your own organisation or an organisation with which you are familiar and weight the categories accordingly, providing justifications. Post these on the discussion board. Post replies to other learners’ posts. To develop your critical analysis, aim to provide one of each of the following:
• Discuss ways in which your organizations are different
• Ask probing questions to learn more about other learners’ views
• Extend the discussion into new but relevant areas