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Supplier Evaluation

  • July 9, 2022
  • 2 replies
  • 960 views
I
Do Gooder
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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,

Best answer by Asela Munasinghe

Hi @ilkay 

My 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't provide 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 Community

Also 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 Community
 

With 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. 
 

2 replies

Asela Munasinghe
Superhero (Customer)
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  • Asela Munasinghe
  • Superhero (Customer)
  • 805 replies
  • Answer
  • July 11, 2022

Hi @ilkay 

My 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't provide 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 Community

Also 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 Community
 

With 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. 
 

https://www.linkedin.com/in/asela61/
R
Hero (Customer)
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  • ronhu
  • Hero (Customer)
  • 675 replies
  • November 2, 2023

@Asela Munasinghe Many Thanks.

Ron H


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