Why Reinvent the Wheel: How to Develop an Electronic Supplier Rating System
Dolores Avezzano, Sr. Purchasing Projects Specialist, Pepsi Beverages International, Valhalla, NY 10595, 914-742-4716 firstname.lastname@example.org
88th Annual International Conference Proceedings - 2003 - Nashville, TN
Data-based decisions are more meaningful than those which are qualitative in nature. Making faster, better and smarter decisions are critical when you are purchasing for an organization in a fast-paced industry. We must set clear, standardized performance criteria for our suppliers globally. It is important to track and measure supplier performance against standardized criteria. Overall, we must use the supplier performance scores to make commercial decisions. It is critical to identify parent-subsidiary relationships and rate each site independently as well as providing a meaningful global score.