Supplier Evaluation

Question

Hi,Is there any mechanism to keep record of supplier evaluations?There is a field in Supplier/SRM Info that can store supplier rating, but is there any rating mechanism like a weighted factor to input the scores for each criteria of supplier evaluation?Is supplier audit a suitable tool for this? It keeps record of standards and business areas being audited and does not seem to be suitable for a long checklist. But even if so, is there any way to record the result of the evaluation for each area as a score so that a total score can be generated as supplier rating? Thanks in advance,

Asela Munasinghe · Accepted Answer

Hi @ilkayMy colleagues developed something similar to evaluate supplier performance through the use of Business Reporter in IFS 10. Simply they used measurable criteria like Supplier Reliability[Promised delivery date vs Actual Delivery Date] that can be generated by just running the statistics on the supplier, to come up with a scorecard on excel. i.e. a weight is assigned depending on a delivery was on time, past due or early. Periodically the supplier can be ranked depending on the deliveries made.What I noticed is, IFS doesn'tprovide a standard supplier evaluation mechanism, hence we have to come up with out of the box solutions like these.Read Supply Chain Delivery Performance here:Supply Chain delivery performance | IFS CommunityAlso when you move to a higher IFS version, perhaps you could utilize something like the ‘Spend Analysis’ to assign importance to each supplier:Procurement Planning in IFS | IFS CommunityWith regards to Supplier Audit, we haven’t really tried that, hence won’t be able to comment. But I’d like to learn if that’s an option as well.

ronhu · Answer

@Asela MunasingheMany Thanks.

Supplier Evaluation

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