How data will used drive supplier performance improvements

Assignment Help Management Theories

Reference no: EM131183720

Effective Supplier Evaluations

Your Supply Chain Manager has assigned you the responsibility of developing a new Supplier Evaluation process for your company. Your company has experienced an unfavorable trend in low productivity as a result of component availability, re-working of product, and increased inventory levels of nonconforming material. Your company cannot seem to effectively measure supplier performance because it doesn't know which metrics to implement that will drive the right changes.

To make matters worse, your company is working to become ISO9001 certified. ISO9001:2008 requires supplier evaluation and data analyses so this needs to be considered when developing the Supplier Evaluation process.

Identify the top ten supplier performance criteria you want to use in the evaluation process

Create a Supplier Evaluation template with the key criteria data you want to analyze.

Write a 1,050- to 1,400-word proposal that includes:

Purpose of a Supplier Evaluation process
Example of template
Implementation plan: include who is responsible for collecting data and how you will determine which suppliers will be measured.
Supplier communication plan to inform selected suppliers of this new process
Explain how data will be used to drive supplier performance improvements.

Reference no: EM131183720

Questions Cloud

Offer a criticism or challenge to the theory : Relate the theory to an example from the present day which supports and reflects this view of happiness. Explain how you would apply this theory to your own pursuit of happiness.

Mechanism of nitrosonium : For Properties of Amines lab, write mechanism of nitrosonium ion NO+ formation from sodium nitrite NaNO2 and hydrochloric acid HCl. include NO+ resonance forms.

What was the companys direct material price variance : Information on Fleming Company's direct material costs follows: Actual amount of direct materials used 20,000 pounds. What was the company's direct material price variance?

What are the appropriate allocation rates : Assume that the hospital uses the direct method for cost allocation. Furthermore, the cost driver for General Administration and Financial Services is patient services revenue, while the cost driver for Facilities is space utilization.

How data will used drive supplier performance improvements : Your Supply Chain Manager has assigned you the responsibility of developing a new Supplier Evaluation process for your company. Supplier communication plan to inform selected suppliers of this new process and Explain how data will be used to drive su..

What is the inventory carry cost for andrews : what is the inventory carry cost for Andrews if the company carries one additional unit of Ant in inventory at the end.

Enthalpy of vaporization : Ethanol (C2H5OH) boils at 78°C. Its density is 0.789g/mL. The enthalpy of vaporization is 38.56 kJ/mol. The specific heat of liquid ethanol is 2.3 J/g-K.

Offer a brief explanation of the history of the theory : Relate the theory to an example from the present day which supports and reflects this view of happiness. Explain how you would apply this theory to your own pursuit of happiness.

Identifying the relevant and irrelevant costs : The second partner wants to keep the old name and argues, "We have already paid for business cards, vehicle paint, signage, and ads in Yellow Pages". Evaluate the arguments of the two partners. Explain and illustrate their points by identifying t..

User Account

All Pages