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Supplier Assessment & Performance Measurement 
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Course Outline:
It is a very competitive world out there; winning business and keeping it, is not easy. What you do not need is a poor service from your suppliers. Managing your own internal functions is one thing, ensuring Suppliers consistently meet all your requirements is quite another.

Objective, continuous Supplier assessment linked with quantitative performance measurement and prompt action can significantly improve Vendors’ responses by:

• identifying potential problems before they seriously affect your business;

• enabling Purchasing to set up focused  recovery plans for delinquent Suppliers;

• providing meaningful data to set higher performance targets;

• creating cost reduction opportunities.
  

People who should attend:
This half-day course is offered to Purchasing Personnel, Quality System Auditors and Project Engineers; the course can be run in conjunction with Supplier Selection and Appraisal, also a half-day course.

Course Objectives:

• Provide the necessary methodology for delegates to set up a continuous monitoring system, aimed at improving Suppliers’ current performances
• To enable delegates to produce comparative data to support objective commercial decisions.
• To make delegates aware of the potential cost saving opportunities resulting from continuous assessment.

Course Content:

• Explore the necessity of implementing and maintaining a continuous monitoring system.
• Vendor performance measures - subjective v objective.
• Assessment methods – basic, weighted, complex
• Vendor rating and grading.
• Eliminating delinquent performances model-
• Corrective action planning – own fault/Supplier fault.
• Implementing improved performance targets.
• Measuring improvement.
• Approved Suppler list management
• Long-term improvement agreements – Key Partnerships, zero defects.

    { Book Here }