A company has a large upcoming project.

Project Context: The CPO wants to conduct site visits with potential suppliers for a large project.

Importance of Evaluation Criteria: Establishing key evaluation criteria is essential to ensure the visits are structured and focused.

Initial Step: Before selecting suppliers or scheduling visits, it’s crucial to know what aspects of the suppliers' operations will be evaluated.

Evaluation Aspects: These criteria might include production capacity, quality control processes, financial stability, compliance with standards, and overall capability to meet project requirements.

Purpose of Criteria: These criteria will guide the assessment, provide a basis for comparison, and ensure that the most suitable suppliers are chosen.

Conclusion: Starting with clear evaluation criteria ensures a systematic and objective approach to selecting the best suppliers for the project.

References

Supplier Evaluation and Performance Excellence: A Guide to Meaningful Metrics and Successful Results by Sherry R. Gordon.

CIPS Guide to Supplier Appraisal and Performance Management.