vendor_evaluation

Vendor Evaluation Tools

Vendor Evaluation Tools:

vendor_evaluationAll proficient Buyers know the value, benefits and importance of evaluating your Vendors and to this you need the tools to complete a Vendor Evaluation. They also understand there are not enough hours in the day to competently complete this task. One of our objectives is to provide tools to make it easier for Buyers to evaluate their suppliers.

Some of the benefits your company will gain from completing regular vendor performance reviews are:

vendor_performance

Vendor Evaluation Questions

Vendor Evaluation:

vendor_performanceThe process of evaluating vendors is an ongoing task which every purchasing department should be performing at regular intervals. In this process, you are inviting dialogue or communication with your vendors, which is always good.

What types of questions should you ask your vendors? Ask questions directly related to areas which require improvement and do not neglect to mention areas which the vendor is excelling or performing well at.

Remember, the goal is to help your vendor improve their service levels and how they do business with your company. In return, the vendor might even offer something which will make both your organizations more efficient!

In Part A, we have provided a verbal question you might ask during your interview.

Subcontractor Performance Report Template

In the simplest form, a subcontract is a purchase order written with more explicit terms and conditions. Its complexity and management varies in direct proportion to the value and size of the job. The management of a subcontract may require unique skills and abilities because of the amount and type of correspondence, charts, performance reviews and management reporting which are necessary.

RFQ31 – Subcontractor performance template will help you audit and record performance

Supplier Evaluation Form

Types of Supplier Evaluation Forms & Templates:

The evaluation of suppliers is a continuing purchasing task. Current suppliers should be monitored to see if they are meeting expectations. New sources need to be screened to see if their potential warrants serious consideration for future business. This post will focus on evaluating current major suppliers which are important to the success of your own operation.

Types of Evaluations

Site Audit Form Example

Site Audit:

As a purchasing professional, it is your responsibility to ensure vendors supplying key commodities or performing works on behalf of your organization are reputable and will not cause your firm to be invited to the party in the event someone is charged for violating an environmental law or standard. To reduce the chances of this happening, we suggest you consider performing site audits on vendors vital to the success of your operation. Why,

Purchasing Month End report example

Month End Report:

Are you a Materials Manager or someone responsible for managing  the purchasing and warehouse department for your company?  Have you been asked to put together a month end report and / or want to improve your existing reporting? RFQ48 – Purchasing / Warehouse month end report template might be just what you are looking for.

This example template focuses on reporting activity for both the procurement and warehouse departments. Management will be impressed with the tracking you have identified and  this report will assist you in presenting your departments goals to all staff. Your Superiors will truly appreciate that within minutes they can review all vital areas and ascertain trends for both departments. Managers love reporting which is quick to digest and RFQ48 gives them a snapshot of all the departments highlights.

RFQ48 has Six (6) built in edit friendly Microsoft word graphs