Design And Development Of A Supplier Evaluation Process
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| Author | : Andrew R. Corum |
| Publisher | : |
| Total Pages | : 44 |
| Release | : 2009 |
| Genre | : |
| ISBN | : |
Low-cost sourcing is a strategy many companies, including Pratt & Whitney, use to reduce part costs. As they increase their efforts to resource products to low-cost regions, Pratt & Whitney needs a robust process to effectively evaluate potential suppliers and identify those suppliers that are most capable of satisfying their manufacturing and business needs. Through the development of a Supplier Evaluation Process, this need is realized and a case study is presented that highlights the use of such a process. In addition, the topic of trust in buyer-supplier relationships is also explored. Through the process of developing new suppliers, Pratt & Whitney invests time, labor, knowledge and skills that they have developed to quickly improve a new supplier's business and manufacturing capabilities. The methods that Pratt & Whitney uses to accomplish this task, as well as the risks that they are subject to, are closely linked to what is deemed in the literature as trust building activities. This thesis seeks to understand the role of trust in the buyer-supplier relationship that Pratt & Whitney creates with low-cost sources and to highlight the benefits that Pratt & Whitney realizes as a result of these relationships.
| Author | : Nitida Wongthipkongka |
| Publisher | : |
| Total Pages | : 78 |
| Release | : 2010 |
| Genre | : |
| ISBN | : |
With increased global competition, companies find that they must adjust and adapt to a supply chain model that incorporates more strategic suppliers. Pratt & Whitney, a division of United Technology Corporation, is no different as it seeks to streamline selection of suppliers to satisfy their business and manufacturing needs. In addition to improved product costs, low cost sourcing also expands its global footprint as emerging markets, such as China and India, continue to grow at phenomenal rates compared to Western markets. This research focused on development of a supplier evaluation process for Pratt & Whitney to meet its business goals. This introduces a change to the way that the company has historically operated. The first focus is to understand how to implement change within the company setting by introducing a formal supplier evaluation process. The second is to understand develop and refine the process to be utilized within Pratt & Whitney. This thesis focuses first on how to implement change within a company. The existing culture of the company must be evaluated to determine the approach to be taken. Within Pratt & Whitney's culture, research indicates that support from management and key influential personnel within the company are critical in producing a true change in the way the company conducts itself. Three different case studies are discussed that highlight the impact of this support on the successful implementation of change within the corporation. Secondly, this thesis researches the design and development of the supplier evaluation process. The most important aspect is to interview and listen to the needs of the customer. The success and failure of the system rests on being useful, intuitive, and simple. Through constant feedback, the tools were continually improved. In addition, information technology can be an enabler for business processes. With a well-designed system, IT can provide a secure, robust, scalable system for use in large corporations, like Pratt & Whitney.
| Author | : Sherry R. Gordon |
| Publisher | : J. Ross Publishing |
| Total Pages | : 257 |
| Release | : 2008-04-15 |
| Genre | : Business & Economics |
| ISBN | : 1932159800 |
Understanding supplier performance is vital to ensuring a well-functioning supply network. This unique how-to book helps readers develop and implement a supplier evaluation process that can result in reduced costs, lower risk, and improved performance of both the user's company and its suppliers.
| Author | : Jason Antoine Mellein |
| Publisher | : |
| Total Pages | : 85 |
| Release | : 2007 |
| Genre | : |
| ISBN | : |
(Cont.) In an attempt to help justify the effort of the host company in establishing a Supplier City, we include a discussion of the cost model we developed to quantify the benefits associated with supply chain expense, learning curve effects, and the expense of developing suppliers located in Supplier City versus those located elsewhere. We further discuss the legal, political, social and environment risks of Supplier City and guidelines for stakeholder focused management of local, regional and national governments, party officials, and NGO's. Finally, we include a case study in which we apply our framework to The Timken Company's China operations. We discuss their specific case and our recommendations.
| Author | : Ray Carter |
| Publisher | : Liverpool Academic Press |
| Total Pages | : 348 |
| Release | : 2014-02-03 |
| Genre | : Business & Economics |
| ISBN | : 9781903499771 |
This is a procurement textbook that does not attempt to compete with, or cover the same ground, to any extent, that existing procurement textbooks cover. Rather, we have taken the view that a text was needed to provide what might be termed a detailed overview of and introduction to, the fundamentals of procurement
| Author | : Hu-Chen Liu |
| Publisher | : Springer Nature |
| Total Pages | : 366 |
| Release | : 2021-03-22 |
| Genre | : Business & Economics |
| ISBN | : 9811603820 |
This book offers an introduction to various models and methods for green supplier evaluation and selection (GSES) within different information settings. As such, it provides valuable knowledge, useful GSES methods and practical examples that can be considered by manufacturers in selecting appropriate green suppliers to improve their environmental performance and customer satisfaction. This book is useful for practitioners and researchers working in the fields of supply chain management, operation management, information science, industrial engineering, and management science. It is also useful as a textbook for postgraduate and senior undergraduate students.
| Author | : Shantanu Sawale |
| Publisher | : |
| Total Pages | : |
| Release | : 2021 |
| Genre | : |
| ISBN | : |
Organizations are being forced to evaluate and improve their purchasing practices as supply chain management (SCM) becomes more important. COVID-19 has disrupted global supply systems, resulting in production and distribution halts and closures. The pandemic triggered an unprecedented wave of consumption shock around the globe, upending long-held consumer norms. After the lengthy and exhausting supplier selection process failed, original equipment manufacturers (OEMs) had to rethink their tactics for bringing new goods to market. The process by which OEMs locate, analyze, and contract with suppliers is known as supplier selection. The supplier selection process deploys an enormous amount of a firm's financial resources and plays crucial role for the success of any product. There are many different analytical approaches to supplier selection criteria and procedures in the literature. By merging multiple types of selection approaches, some researchers have created hybrid models. However, these strategies may only be employed in practice if the information provided by competing suppliers is thorough and accurate. The purpose of this study is to propose a new supplier selection methodology for original equipment manufacturers (OEMs) that will result in effective supplier nomination for bidding processes by utilizing data gained from supplier pre-selection (SPS) processes. For this methodology, we propose the supplier pre-selection (SPS) framework that includes 62 evaluation criterion in 7 major areas; supplier management strategy, design and development strategy, innovation capability, sub supplier management, production strategy, quality system and logistics, and we explain how the SPS framework is applied to a real supply chain. The methodology is developed to identify and pre-qualify new suppliers with the objective of extending the portfolio of suppliers for existing products or new product introductions to the agreed circle of bidders. SPS is the first performance and competence evaluation of new suppliers, it is a standardized procedure which is complete with regard to content for the selection strategy of new suppliers and avoids any additional outlay for nominated suppliers who do not comply with the requirements. The SPS framework assigns a qualitative or a quantitative grade to all the 62-evaluation criteria to derive a holistic supplier rating and robust comparison between competing suppliers. The SPS framework was implemented at German auto manufacturer (GAM) by the author; at the end of the study a GAM purchasing manager and author compares existing model with the SPS framework to validate efficacy.
| Author | : Krishnendu Mukherjee |
| Publisher | : Springer |
| Total Pages | : 144 |
| Release | : 2017-04-05 |
| Genre | : Technology & Engineering |
| ISBN | : 8132237005 |
The purpose of this book is to present a comprehensive review of the latest research and development trends at the international level for modeling and optimization of the supplier selection process for different industrial sectors. It is targeted to serve two audiences: the MBA and PhD student interested in procurement, and the practitioner who wishes to gain a deeper understanding of procurement analysis with multi-criteria based decision tools to avoid upstream risks to get better supply chain visibility. The book is expected to serve as a ready reference for supplier selection criteria and various multi-criteria based supplier’s evaluation methods for forward, reverse and mass customized supply chain. This book encompasses several criteria, methods for supplier selection in a systematic way based on extensive literature review from 1998 to 2012. It provides several case studies and some useful links which can serve as a starting point for interested researchers. In the appendix several computer code written in MatLab and VB.NET is also included for the interested reader. Lucid explosion of various techniques used to select and evaluate suppliers is one of the unique characteristic of this book. Moreover, this book gives in depth analysis of selection and evaluation of suppliers for traditional supply chain, closed loop supply chain, supply chain for customized product, green supply chain, sustainable supply chain and also depicts methods for supply base reduction and selection of large number of suppliers.
| Author | : Gerardus Blokdyk |
| Publisher | : Createspace Independent Publishing Platform |
| Total Pages | : 130 |
| Release | : 2018-01-13 |
| Genre | : |
| ISBN | : 9781983805813 |
What are internal and external Supplier evaluation relations? What prevents me from making the changes I know will make me a more effective Supplier evaluation leader? What will drive Supplier evaluation change? Which individuals, teams or departments will be involved in Supplier evaluation? Are we making progress? and are we making progress as Supplier evaluation leaders? Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role... In EVERY company, organization and department. Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?' For more than twenty years, The Art of Service's Self-Assessments empower people who can do just that - whether their title is marketer, entrepreneur, manager, salesperson, consultant, business process manager, executive assistant, IT Manager, CxO etc... - they are the people who rule the future. They are people who watch the process as it happens, and ask the right questions to make the process work better. This book is for managers, advisors, consultants, specialists, professionals and anyone interested in Supplier evaluation assessment. All the tools you need to an in-depth Supplier evaluation Self-Assessment. Featuring 691 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Supplier evaluation improvements can be made. In using the questions you will be better able to: - diagnose Supplier evaluation projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices - implement evidence-based best practice strategies aligned with overall goals - integrate recent advances in Supplier evaluation and process design strategies into practice according to best practice guidelines Using a Self-Assessment tool known as the Supplier evaluation Scorecard, you will develop a clear picture of which Supplier evaluation areas need attention. Included with your purchase of the book is the Supplier evaluation Self-Assessment downloadable resource, which contains all questions and Self-Assessment areas of this book in a ready to use Excel dashboard, including the self-assessment, graphic insights, and project planning automation - all with examples to get you started with the assessment right away. Access instructions can be found in the book. You are free to use the Self-Assessment contents in your presentations and materials for customers without asking us - we are here to help.
| Author | : Gerardus Blokdyk |
| Publisher | : 5starcooks |
| Total Pages | : 124 |
| Release | : 2018-01-16 |
| Genre | : |
| ISBN | : 9780655152217 |
What knowledge, skills and characteristics mark a good Supplier evaluation project manager? How much does Supplier evaluation help? What are your results for key measures or indicators of the accomplishment of your Supplier evaluation strategy and action plans, including building and strengthening core competencies? How can we improve Supplier evaluation? Do we monitor the Supplier evaluation decisions made and fine tune them as they evolve? Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role... In EVERY company, organization and department. Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?' This Self-Assessment empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Supplier evaluation investments work better. This Supplier evaluation All-Inclusive Self-Assessment enables You to be that person. All the tools you need to an in-depth Supplier evaluation Self-Assessment. Featuring 691 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Supplier evaluation improvements can be made. In using the questions you will be better able to: - diagnose Supplier evaluation projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices - implement evidence-based best practice strategies aligned with overall goals - integrate recent advances in Supplier evaluation and process design strategies into practice according to best practice guidelines Using a Self-Assessment tool known as the Supplier evaluation Scorecard, you will develop a clear picture of which Supplier evaluation areas need attention. Your purchase includes access details to the Supplier evaluation self-assessment dashboard download which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next. Your exclusive instant access details can be found in your book.
